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1997 SESSION
SB 819 Local enterprise zone development taxation program.
Introduced by: Charles R. Hawkins | all patrons ... notes | add to my profiles
SUMMARY:
Local enterprise zone development taxation program. Authorizes local governments to establish local enterprise zone development taxation of real property or machinery and tools, or both, within state enterprise zones. The ordinance establishing a local enterprise zone development taxation program will provide that all or a specified portion of additional tax collections attributable to increases in the assessed value of the real estate or machinery and tools, or both, within the zone will be deposited in a local enterprise zone development fund. Moneys in the fund may be used to provide enhanced law-enforcement and other government services within the zone or to make grants to a chamber of commerce or an industrial development authority to secure and promote economic development within the zone.
FULL TEXT
- 01/10/97 Senate: Presented & ordered printed 975679743 pdf
- 02/25/97 Senate: Bill text as passed Senate and House (SB819ER) pdf
- 03/18/97 Governor: Acts of Assembly Chapter text (CHAP0314) pdf
AMENDMENTS
HISTORY
- 01/10/97 Senate: Presented & ordered printed 975679743
- 01/10/97 Senate: Referred to Committee on Finance
- 01/20/97 Senate: Assigned to Finance sub-committee:Econ. Dev. and Nat. Res.
- 01/22/97 Senate: Reported from Finance (17-Y 0-N)
- 01/23/97 Senate: Constitutional reading dispensed (39-Y 0-N)
- 01/23/97 Senate: VOTE: CONST. READING DISPENSED (39-Y 0-N)
- 01/24/97 Senate: Read second time and engrossed
- 01/27/97 Senate: Read third time and passed Senate (39-Y 0-N)
- 01/27/97 Senate: VOTE: PASSAGE (39-Y 0-N)
- 01/27/97 Senate: Communicated to House
- 01/28/97 House: Placed on Calendar
- 01/29/97 House: Read first time
- 01/29/97 House: Referred to Committee on Finance
- 02/05/97 House: Assigned to Finance sub-committee: 2
- 02/11/97 House: Reported from Finance with amds. (22-Y 0-N)
- 02/12/97 House: Read second time
- 02/13/97 House: Read third time
- 02/13/97 House: Committee amendments agreed to
- 02/13/97 House: Engrossed by House as amended
- 02/13/97 House: Passed House with amendments (Block Vote) (99-Y 0-N)
- 02/13/97 House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
- 02/17/97 Senate: Reading of amendments waived
- 02/17/97 Senate: House amendments agreed to by Senate (40-Y 0-N)
- 02/17/97 Senate: VOTE: CONCUR HOUSE AMENDMENT (40-Y 0-N)
- 02/25/97 Senate: Bill text as passed Senate and House (SB819ER)
- 03/04/97 Senate: Enrolled
- 03/05/97 House: Signed by Speaker
- 03/06/97 Senate: Signed by President
- 03/13/97 Governor: Approved by Governor-Chapter 314 (effective 7/1/97)
- 03/18/97 Governor: Acts of Assembly Chapter text (CHAP0314)