Introduced
by
To authorize excluding local income taxes from the tax exemptions authorized for owners or occupants of property in a “renaissance zone,” if the property's owners are benefitting from subsidies authorized by Senate Bills 111 to 114, and subject to negotiation. These subsidies essentially allow a developer or business owner to keep the income tax withholding amounts associated with a particular building. This is part of a package comprised of Senate Bills 111 to 115; see also Senate Bills 242 and 243.
Referred to the Committee on Economic Development and International Investment
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 28 to 6 (details)
Referred to the Committee on Tax Policy
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Amendment offered
by
To make the proposed law go into effect 45 days after it is enacted.
The amendment passed by voice vote
Amendment offered
by
To tie-bar the bill to House Bill 4550, meaning this bill cannot become law unless that one does also. HB 4550 would require drug testing for business executives whose firms receive subsidies from the state.
The amendment failed by voice vote
Passed in the House 85 to 22 (details)
To authorize excluding local income taxes from the tax exemptions authorized for owners or occupants of property in a “renaissance zone,” if the property's owners are benefitting from subsidies authorized by Senate Bills 111 to 114, and subject to negotiation. These subsidies essentially allow a developer or business owner to keep the income tax withholding amounts associated with a particular building. This is part of a package comprised of Senate Bills 111 to 115; see also Senate Bills 242 and 243.
Passed in the Senate 31 to 6 (details)
