BILL · 2011–12 SESSION

SB 6583: Property tax exemption

Creating a property tax exemption for the value of new construction of industrial/manufacturing facilities in target urban areas.

Summary

  • Encourages new manufacturing and industrial uses on undeveloped or underutilized lands zoned for industrial and manufacturing uses in targeted urban areas. Creates a property tax exemption for the value of new construction of industrial/manufacturing facilities in target urban areas.

From the Bill Digest (SB 6583), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 3, 2012
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Steve Hobbs (D-44)
Introduced
February 3, 2012 in the Senate
Last action
April 11, 2012
Companion bill
HB 2772

AN ACT Relating to creating a property tax exemption for the value of new construction of industrial/manufacturing facilities in target urban areas;

Sponsors

Prime sponsor: Steve Hobbs (D-44)

1 co-sponsor (1 Democrat, 0 Republicans)

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 Ways & Means.

SB 6583 in other sessions

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

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