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2005 Senate Bill 5325: Promoting economic development and community revitalization
Introduced by Sen. Joseph Zarelli, (R-Ridgefield) (R) on January 20, 2005 To expand the community revitalization program to allow local governments to finance public improvements not only using increased property tax revenues, but also excess excise tax revenues, and revenue generated through a sales and use tax, up to $1 million per year, per project, credited against the state sales and use tax in an increment area. The bill limits the annual aggregate amount of new local sales and use taxes that may be credited against the state tax to $5 million initially. See companion HB 1907.   Official Text and Analysis.
Referred to the Senate International Trade and Economic Development Committee on January 20, 2005
Referred to the Senate Ways & Means Committee on February 10, 2005
Referred to the Senate Rules Committee on March 7, 2005
Passed 46 to 3 in the Senate on March 14, 2005.
    See Who Voted "Yes" and Who Voted "No".
To promote economic development and community revitalization.
Received to the House on March 15, 2005
Referred to the House Economic Development, Agriculture and Trade Committee on March 15, 2005
Received in the Senate on January 9, 2006
Passed 46 to 1 in the Senate on February 8, 2006.
    See Who Voted "Yes" and Who Voted "No".
(same description)
To promote economic development and community revitalization.
Received in the House on February 10, 2006
Referred to the House Economic Development, Agriculture and Trade Committee on February 10, 2006

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