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Senate Roll Call 311 on
2015 House Bill 4226: Expand technology business subsidies

To increase from three to nine the number of areas in which “certified technology parks” (previously dubbed "smart zones") are allowed to expand by creating a "satellite" zone. These entities use “tax increment financing” to provide infrastructure or other subsidies to technology-based businesses. Like the better-known Downtown Development Authorities, they collect the extra local property tax revenue that (hopefully) results from property value increases generated by their selective subsidies and projects.

View the rest of House Bill 4226: History, Amendments & Comments 

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Senate Roll Call 311 on 2015 House Bill 4226

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