BILL · 2013–14 SESSION · LATEST VERSION EHB 2447

HB 2447: Small business incubators

Concerning a property tax exemption for qualified nonprofit small business incubators that assist in the creation and expansion of innovative small commercial enterprises.

Summary

  • Provides a state and local property tax exemption for property owned or rented by qualified nonprofit small business incubators located in economically distressed areas.
  • Requires the Joint Legislative Audit and Review Committee to assess the performance of the tax preference in meeting its public policy objective.

From the Engrossed House Bill Report (EHB 2447), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed House, stalled in Senate
  1. IntroducedJan 17, 2014
  2. Out of committeeFeb 11, 2014
  3. Passed HouseFeb 17, 2014
  4. Passed Senatestopped here
  5. Governor
  6. Law
Prime sponsor
Steve Kirby (D-29)
Introduced
January 17, 2014 in the House
Last action
March 13, 2014
Budget
Has a fiscal note

AN ACT Relating to a property tax exemption for qualified nonprofit small business incubators that assist in the creation and expansion of innovative small commercial enterprises;

Sponsors

Votes

House · Final Passage

Passed February 17, 2014
Version voted on: EHB 2447
73 Yea 23 Nay 0 Absent 2 Excused
PartyYeaNayAbsentExcused
Democrat451000
Republican281302
How each member voted

Yea (73)

Excused (2)

History

  1. By resolution, returned to House Rules Committee for third reading. (EHB 2447)
  2. First reading, referred to Trade & Economic Development. (EHB 2447)
  3. Third reading, passed; yeas, 73; nays, 23; absent, 0; excused, 2. (EHB 2447)
  4. Rules suspended. Placed on Third Reading. (EHB 2447)
  5. Floor amendment(s) adopted. (EHB 2447)
  6. Rules Committee relieved of further consideration. Placed on second reading. (EHB 2447)
  7. Passed to Rules Committee for second reading. (EHB 2447)
  8. Minority; do not pass. (EHB 2447)
  9. FIN - Majority; do pass. (EHB 2447)
  10. FIN - Executive action taken by committee. (EHB 2447)
  11. First reading, referred to Finance (Not Officially read and referred until adoption of Introduction report). (EHB 2447)

HB 2447 in other sessions

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

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