HB 891: Rural Communities
GENERAL BILL by Shoaf
Rural Communities; Requires DEO to accept applications for approval as growth funds; specifies information required to be submitted in application; requires department to approve or deny applications within specified timeframe; prohibits department from reducing investment authority of application or denying application unless certain circumstances are met; requires department to provide tax credit certificate to taxpayers; requires department to revoke growth fund's certification under specified conditions; provides formula for calculating maximum amount of investments; specifies timeframe within which growth fund may correct violations to avoid revocation of tax credit certificate; requires growth fund to submit report to department.
Last Action: 3/14/2020 House - Died in Workforce Development and Tourism Subcommittee
Bill Text: PDF
• Referred to Workforce Development and Tourism Subcommittee; Ways and Means Committee; Commerce Committee -HJ 76
• Introduced -HJ 76
• Indefinitely postponed and withdrawn from consideration
• Died in Workforce Development and Tourism Subcommittee
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