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2000 SESSION

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SB 281 Enterprise zone act.

Introduced by: Madison E. Marye | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Enterprise zone act. Authorizes the establishment of one non-contiguous zone area for each jurisdiction participating in a joint enterprise zone area. Currently, a locality may have three distinct enterprise zones, though one of these zones may consist of two non-contiguous "sub-zone" areas. This bill will allow an enterprise zone that is a joint zone to have separate sub-zones for each of the participating jurisdictions. The noncontiguous zone areas are not considered as separate zones in calculating the maximum number of zones permitted under the enterprise zone program. This bill has an emergency clause.


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