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2004 SESSION

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HB 1393 Regional Industrial Facility Authority; remittance of tax revenue.

Introduced by: W. Benny Keister | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Regional Industrial Facility Authority. Grants localities in which a facility owned by an authority is located greater flexibility to direct that tax revenue collected with respect to the facility shall be remitted to the authority. Also, the scope of the act is expanded to include those areas within planning districts 1 and 2. The act currently applies to planning districts 3, 4, 5,10,11,12,13,14 and 19. The bill is identical to Senate Bill 546.


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