BILL · 2001–02 SESSION

SB 5096: Tax deferrals/rural counties

Changing provisions for tax deferrals in rural counties.

Summary

  • The distressed area sales and use tax deferral is no longer available for a project in a county that contains a community empowerment zone and draw employees from the community empowerment zone. The distressed area business and occupation tax credit for new employees is extended to allow credit for jobs that are created as a result of the relocation of a business into a rural area or community empowerment zone.

From the Senate Bill Report (SB 5096), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 10, 2001
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Senator (D-35)
Introduced
January 10, 2001 in the Senate
Last action
January 14, 2002

AN ACT Relating to tax deferrals in rural counties;

Sponsors

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. By resolution, reintroduced and retained in present status.
  2. By resolution, reintroduced and retained in present status.
  3. First reading, referred to Economic Development & Telecommunications.

SB 5096 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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