Establishing that the purpose of the Enterprise Zone Program is to attract, retain, and encourage commercial development in economically distressed areas of the State by incentivizing capital investment and job creation through real property and income tax credits; requiring each county in which an enterprise zone is located to submit a certain report to the Department of Commerce by September 15 each year; requiring the Department to develop formal metrics and a framework for analyzing each enterprise zone; etc.
Bill File Type: Regular
Effective Date(s): June 1, 2022
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Last Updated: 7/8/2022 2:18 PM