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2002 SESSION

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SB 616 Alleghany Highlands Economic Development Authority.

Introduced by: R. Creigh Deeds | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED SENATE: (all summaries)

Alleghany Highlands Economic Development Authority. Changes references to the City of Clifton Forge to the Town of Clifton Forge to reflect the Town's recent reversion. Also, provisions requiring contribution of a portion of the machinery and tools tax are made optional for a period of two years if Alleghany County and certain localities agree to commit resources to economic development in an amount greater than or equal to that required by current law.


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