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CS/HB 1229: New Markets Development Program

GENERAL BILL by Economic Development and Community Affairs Policy Council ; Schenck ; (CO-INTRODUCERS) Hudson

New Markets Development Program; Revises definition of term "qualified active low-income community business" for purposes of New Markets Development Program Act; extends period within which qualified community development entity may cure investment deficiency; limits number of corrections permitted for qualified equity investments.

Effective Date: Upon becoming law
Last Action: 4/30/2010 House - Died on Calendar, companion bill(s) passed, see CS/SB 1752 (Ch. 2010-147)
Bill Text: Web Page | PDF

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