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
Date Chamber Action 12/10/2019 House • Filed
12/12/2019 House • Referred to Workforce Development and Tourism Subcommittee; Ways and Means Committee; Commerce Committee -HJ 76
1/14/2020 House • Introduced -HJ 76
3/14/2020 House • Indefinitely postponed and withdrawn from consideration
• Died in Workforce Development and Tourism Subcommittee
HB 891, Original Filed Version (Current Bill Version) Posted 12/10/2019 at 11:17 AM
Bill Text: Analyses: None
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 848 Rural Communities Montford Similar Last Action: 3/14/2020 S Died in Finance and Tax
Citations - Statutes (1)
Citation Catchline Location in Bill Location In Bill Help 288.062 Page 1 (pdf)
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