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1999 SESSION

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HB 1953 Enterprise zone designations.

Introduced by: Harvey B. Morgan | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED:

Enterprise zone designations. Increases the maximum number of enterprise zones from 50 to 55. Five of the zones designated after July 1, 1999, shall be located in localities that (i) have annual average unemployment rates that are 50 percent higher than the statewide average or (ii) are within planning districts that have average unemployment rates at least one percent greater than the statewide average.

SUMMARY AS PASSED HOUSE:

Enterprise zone designations. Increases the number of allowable enterprise zones from 50 to 55 and sets out criteria for choosing the five additional zones based on unemployment rates.

SUMMARY AS INTRODUCED:

Enterprise zone designations. Increases the number of allowable enterprise zones from 50 to 55 and requires that an enterprise zone designation be granted to Caroline County within 30 days after the bill’s effective date, July 1, 1999.