Introduced
by
To expand the eligibility criteria for commercial redevelopment property tax breaks to include mixed-use projects that include a high-density residential component and meet certain requirements specified in the bill. Also, to give the Department of Treasury the authority to annually offer even deeper tax breaks to up to 25 projects that it selects.
Referred to the Committee on Commerce and Tourism
Reported without amendment
With the recommendation that the substitute (S-2) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.
The substitute passed by voice vote
Passed in the Senate 37 to 0 (details)
Referred to the Committee on Regulatory Reform
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 106 to 1 (details)
To expand the eligibility criteria for commercial redevelopment property tax breaks to include mixed-use projects that include a high-density residential component and meet certain requirements specified in the bill. Also, to give the Department of Treasury the authority to annually offer even deeper tax breaks to up to 25 projects that it selects.
