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1999 SESSION

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HB 2227 Enterprise zone designations.

Introduced by: Terry G. Kilgore | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Enterprise zone designations. Increases the number of permitted enterprise zones from 50 to 55, and requires that the five zones designated to be established after July 1, 1999, be in a rural area of a county that meets three additional criteria. First, the county unemployment rate must be at least 150 percent of the statewide unemployment rate. Second, the county median household income must be 75 percent or less of the statewide median household income. Finally, the percentage of people in the county in poverty must be at least 150 percent of the statewide percentage of people in poverty.


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