BILL · 2017–18 SESSION

HB 2981: Commercial office space dev.

Incentivizing the development of commercial office space in cities in a county with a population of less than one million five hundred thousand.

Summary

  • Allows a city to create a local sales and use tax remittance program and a local property tax reinvestment program to incentivize the development of commercial office space.
  • Requires the Joint Legislative Audit and Review Committee to study the effectiveness of the local sales and use tax remittance and the local property tax reinvestment programs and submit a report to the appropriate committees of the Legislature by October 1, 2028.

From the House Bill Report (HB 2981), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 1, 2018
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Jake Fey (D-27)
Introduced
February 1, 2018 in the House
Last action
February 2, 2018
Budget
Has a fiscal note

AN ACT Relating to incentivizing the development of commercial office space in cities in a county with a population of less than one million five hundred thousand;

Sponsors

Prime sponsor: Jake Fey (D-27)

1 co-sponsor (0 Democrats, 1 Republican)

Votes

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

History

  1. Referred to Finance.
  2. First reading, referred to Local Government (Not Officially read and referred until adoption of Introduction report).
  3. Minority; do not pass.
  4. LG - Majority; do pass.

HB 2981 in other sessions

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

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