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2013 SESSION

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HB 2233 Enterprise zones; expiration dates and renewal periods extended in certain counties and cities.

Introduced by: Charles D. Poindexter | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Enterprise zones. Provides that the expiration date of any enterprise zone located in a locality in which the monthly unemployment rate exceeded six percent in any of the 12 months immediately preceding January 1, 2013, shall be extended until the final day of the calendar year in which the Virginia Employment Commission determines the unemployment rate in such locality is equal to or less than six percent for a period of 12 consecutive months, or until five years after the original date of expiration, whichever occurs later. The bill expires on December 31, 2018.


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