CS/CS/HB 879: Targeted Economic Development
GENERAL BILL by Economic Affairs Committee ; Finance and Tax Committee ; Eisnaugle ; (CO-INTRODUCERS) Patronis ; Pilon ; Van Zant
Targeted Economic Development; Provides that capital investment tax credit may be carried forward for use against corporate income tax in specified years after commencement of operations of project; redefines term "target industry business" to revise eligibility criteria for tax refund program for target industry businesses; requires certain local governing boards to notify OTTED & EFI of average private-sector wage calculation to be used for purposes of business's wage commitment under tax refund program, etc.
Last Action: 6/27/2011 - Chapter No. 2011-223, companion bill(s) passed, see SB 2156 (Ch. 2011-142)
Bill Text: Web Page | PDF
• Referred to Economic Development and Tourism Subcommittee; Finance and Tax Committee; Economic Affairs Committee -HJ 76
• Introduced -HJ 76
• On Committee agenda-- Economic Development and Tourism Subcommittee, 03/15/11, 12:30 pm, 12 HOB
• Favorable by Economic Development and Tourism Subcommittee; YEAS 12 NAYS 0 -HJ 240
• Now in Finance and Tax Committee -HJ 240
• On Committee agenda-- Finance and Tax Committee, 04/05/11, 11:45 am, Morris Hall
• CS by Finance and Tax Committee; YEAS 23 NAYS 0 -HJ 590
• Pending review of CS under Rule 7.19(c)
• CS by Finance and Tax Committee read 1st time -HJ 586
• Now in Economic Affairs Committee -HJ 600
• On Committee agenda-- Economic Affairs Committee, 04/12/11, 1:00 pm, Reed Hall
• CS/CS by- Economic Affairs Committee; YEAS 18 NAYS 0 -HJ 672
• Pending review of CS -under Rule 7.19(c)
• Placed on Calendar -HJ 671
• CS/CS by Economic Affairs Committee read 1st time -HJ 664
• Placed on Special Order Calendar, 04/29/11
• Read 2nd time -HJ 949
• Amendment(s) adopted (048109, 626451) -HJ 949
• Read 3rd time -HJ 950
• CS passed as amended; YEAS 114 NAYS 0 -HJ 950
• In Messages
• Received -SJ 780
• Referred to Commerce and Tourism; Budget Subcommittee on Transportation, Tourism, and Economic Development Appropriations; Budget -SJ 780
• Withdrawn from Commerce and Tourism; Budget Subcommittee on Transportation, Tourism, and Economic Development Appropriations; Budget -SJ 837
• Placed on Calendar, on 2nd reading
• Substituted for CS/CS/SB 1318 -SJ 837
• Read 2nd time -SJ 837
• Read 3rd time -SJ 837
• CS passed; YEAS 39 NAYS 0 -SJ 837
• Ordered enrolled -HJ 1163
• Signed by Officers and presented to Governor
• Approved by Governor
• Chapter No. 2011-223, companion bill(s) passed, see SB 2156 (Ch. 2011-142)
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