Legislation

Establishing the Task Force to Study Transparency in Tax Incentives to study and recommend a uniform process for evaluating tax increment financing, payments in lieu of taxes, the Enterprise Zone property tax credit, and the Brownfields Revitalization Incentive Program; and requiring the Task Force to submit a report of its findings and recommendations on or before July 1, 2025, to the Governor, the General Assembly, and certain local governments.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Opposite:: Ways and Means Click to view Recorded Media

Committee Testimony

Witness List

Details

Bill File Type: Regular

Effective Date(s): July 1, 2024

Creates a Task Force or Commission

History

Legislation History
Chamber Senate Calendar Date 1/31/2024 Legislative Date 1/31/2024 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Task Force to Study Transparency in Tax Incentives Proceedings
Chamber Senate Calendar Date 2/01/2024 Legislative Date 2/01/2024 Action Hearing 2/14 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/15/2024 Legislative Date 3/15/2024 Action Favorable Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/15/2024 Legislative Date 3/02/2024 Action Favorable Adopted Proceedings 47 Click to view Recorded Media
Chamber Senate Calendar Date 3/15/2024 Legislative Date 3/02/2024 Action Second Reading Passed Proceedings 47 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Task Force to Study Transparency in Tax Incentives Proceedings
Chamber Senate Calendar Date 3/18/2024 Legislative Date 3/04/2024 Action Third Reading Passed (45-0) Proceedings 49AClick to view Recorded Media
Chamber House Calendar Date 3/19/2024 Legislative Date 3/12/2024 Action Referred Ways and Means Proceedings 51 Click to view Recorded Media
Chamber House Calendar Date 3/19/2024 Legislative Date 3/19/2024 Action Hearing 3/26 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/31/2024	1/31/2024	First Reading Budget and Taxation
			Text - First - Task Force to Study Transparency in Tax Incentives
Senate	2/01/2024	2/01/2024	Hearing 2/14 at 1:00 p.m.
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
Senate	3/15/2024	3/15/2024	Favorable Report by Budget and Taxation
Senate	3/15/2024	3/02/2024	Favorable Adopted	47 Click to view Recorded Media
Senate	3/15/2024	3/02/2024	Second Reading Passed	47 Click to view Recorded Media
			Text - Third - Task Force to Study Transparency in Tax Incentives
Senate	3/18/2024	3/04/2024	Third Reading Passed (45-0)	49AClick to view Recorded Media
House	3/19/2024	3/12/2024	Referred Ways and Means	51 Click to view Recorded Media
House	3/19/2024	3/19/2024	Hearing 3/26 at 1:00 p.m.

File Code

Subjects

Statutes