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2013 SESSION

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HB 2273 Enterprise Zone Grant Program; redesignation of certain joint enterprise zones.

Introduced by: Jennifer L. McClellan | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED:

Enterprise Zone Grant Program; redesignation of certain joint enterprise zones. Provides that when a county or city was previously added to an existing enterprise zone to create a joint enterprise zone, the Department of Housing and Community Development shall redesignate the enterprise zone when the term of the joint enterprise zone expires. The redesignated enterprise zone's duration shall be equal to the length of time the original enterprise zone existed before the county or city was added to create the joint enterprise zone.

SUMMARY AS INTRODUCED:

Enterprise Zone Grant Program; redesignation of certain joint enterprise zones. Provides that upon the expiration of a joint enterprise zone, the Department of Housing and Community Development shall be required to extend such zone for the county or city that was added to the existing enterprise zone to create the joint enterprise zone.  Under the bill the duration of the redesignated enterprise zone will equal the length of time the original enterprise zone existed before the county or city was added.