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2014 Senate Bill 6096: Providing for property tax exemption for the value of new construction of industrial/manufacturing facilities in targeted urban areas
  1. Introduced by Sen. Kirk Pearson (Monroe) (R) on January 15, 2014, For Bill Information, please click HERE.
    • Referred to the Senate Trade & Economic Development Committee on January 15, 2014.
      • Substitute offered in the Senate on February 4, 2014, reduces the population threshold for a city to qualify for the property tax exemption program from at least 50,000 to at least 25,000. Moves back the date for cities to have designated land zoned as industrial or manufacturing from January 1, 2012, to December 31, 2012. Modifies the definition of targeted area to include lands located within or contiguous to an innovation partnership zone, foreign trade zone, or EB-5 regional center. Excludes counties from the exemption unless the governing body adopts a resolution authorizing property to be exempt from county property taxes.
    • Referred to the Senate Ways & Means Committee on February 4, 2014.
      • Substitute offered in the Senate on February 11, 2014, provides property tax exemptions to encourage new manufacturing and industrial uses on undeveloped or underutilized lands zoned for industrial and manufacturing uses in targeted urban areas.
    • Referred to the Senate Rules Committee on February 13, 2014.
  2. Passed 49 to 0 in the Senate on February 14, 2014.
    Who Voted "Yes" and Who Voted "No"

  3. Received in the House on February 17, 2014.
    • Referred to the House Finance Committee on February 17, 2014.
    • Referred to the House Technology & Economic Development Committee on February 20, 2014.
    • Referred to the House Finance Committee on February 26, 2014.

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