Introduced
by
To expand the activities for which a brownfield redevelopment authority may use “captured” increments of local or school property taxes in subsidizing a developer's project, to include the costs incurred by a local government in clearing the title of properties used in a particular development that are acquired by the government (or a government "land bank fast track authority").
Referred to the Committee on Commerce
Reported without amendment
With the recommendation that the substitute (H-2) be adopted and that the bill then pass.
Substitute offered
To not allow the "capture" of school operating revenues for the activities the bill would cover.
The substitute passed by voice vote
Passed in the House 100 to 7 (details)
To expand the activities for which a brownfield redevelopment authority may use “captured” increments of local property taxes in subsidizing a developer's project, to include the costs incurred by a local government in clearing the title of properties used in a particular development that are acquired by the government (or a government "land bank fast track authority").
Referred to the Committee on Commerce and Tourism
Reported without amendment
With the recommendation that the substitute (S-1) 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 as previously described.
The substitute passed by voice vote
Substitute offered
by
To replace the previous version of the bill with one that gives brownfields authorities the power to borrow and spend on direct or indirect corporate welfare subsidies, including ones benefiting developers of projects near transit stations.
The substitute passed by voice vote
Passed in the Senate 33 to 1 (details)
To expand the activities for which a brownfield redevelopment authority may use “captured” increments of local property taxes in subsidizing a developer's project, to include the costs incurred by a local government in clearing the title of properties used in a particular development that are acquired by the government (or a government "land bank fast track authority"). A Senate amendment also gives brownfields authorities the power to borrow and spend on direct or indirect corporate welfare subsidies, including ones benefiting developers of projects near transit stations.
Passed in the House 84 to 12 (details)
To concur with the Senate-passed version of the bill, which amended the bill to also give brownfields authorities the power to borrow and spend on direct or indirect corporate welfare subsidies, including ones benefiting developers of projects near transit stations.
