Bill Status of HB4747 94th General Assembly
Short Description: DCEO-BUSINESS LOCTN INCENTIVES
Rep. Kathleen A. Ryg
| 1/9/2007||House||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Creates the Business Location Efficiency Incentive Act. Authorizes companies applying to the Department of Commerce and Economic Opportunity for certain economic development assistance tax credits to seek increased or extended tax credits if (i) the company's proposed project site is located in an area that capitalizes upon affordable workforce housing or accessible mass transit, (ii) the company submits to the Department an approved remediation plan to improve housing or access to mass transit, or (iii) the company's project is located in labor surplus areas. Provides for the Department's awarding of such incentives. Repeals the Act on December 31, 2010.
|Date||Chamber|| Action|| 1/13/2006||House||Filed with the Clerk by Rep. Kathleen A. Ryg|| 1/18/2006||House||First Reading|| 1/18/2006||House||Referred to Rules Committee|| 1/9/2007||House||Session Sine Die|