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2004 SESSION
SB 546 Regional Industrial Facility Authority; remittance of tax revenue.
Introduced by: Phillip P. Puckett | all patrons ... notes | add to my profiles | history
SUMMARY AS PASSED:
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 House Bill 1393.
SUMMARY AS INTRODUCED:
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.