Legislation

Title: Tax Credits - Manufacturing Empowerment Zones
Sponsored by: The President (By Request - Administration) and Senators Bates, Cassilly, Eckardt, Edwards, Hershey, Mathias, Norman, Salling, Serafini, Simonaire, and Waugh
Status: In the Senate - Hearing 2/24 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Establishing the Manufacturing Empowerment Zone Program to encourage business entities engaged in manufacturing outside the State to invest in manufacturing facilities within the State; authorizing the Secretary of Commerce to designate specified areas of the State as manufacturing empowerment zones; authorizing a county or municipal corporation to grant specified property tax credits; authorizing specified business entities to claim a specified credit against the State income tax; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Details

Cross-filed with: HB0450

Bill File Type: Regular

Effective Date(s): June 1, 2016

By Request of the Governor

History

Legislation History
Chamber Senate Calendar Date 1/27/2016 Legislative Date 1/28/2016 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 1/28/2016 Legislative Date 1/28/2016 Action Motion Rules Suspended Rule 32 (Senator Klausmeier) Adopted Proceedings 12
Chamber Senate Calendar Date 2/10/2016 Legislative Date 2/10/2016 Action Hearing 2/24 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/27/2016	1/28/2016	First Reading Budget and Taxation
Senate	1/28/2016	1/28/2016	Motion Rules Suspended Rule 32 (Senator Klausmeier) Adopted	12
Senate	2/10/2016	2/10/2016	Hearing 2/24 at 1:00 p.m.

Documents

Date Posted	Document Name
1/28/2016	Text - First - Tax Credits - Manufacturing Empowerment Zones

File Code

Subjects

Statutes