SB 479 - Shoemyer, Wes
Allows certain contributions to downtown revitalization preservation development projects to be substituted on a dollar-for-dollar basis for the local match of payments in lieu of taxes and economic activity taxes
Bill Details
Sponsor
LR Number
2173S.01I
Title
SB 479
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2009
Current Status
Hearing Conducted S Jobs, Economic Development and Local Government Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 479 - This act allows contributions to a downtown revitalization preservation development project from any private not-for-profit organization or local contributions from tax abatement or other sources to be substituted on a dollar-for-dollar basis for the local match of 100% of payments in lieu of taxes and economic activity taxes from the development's fund.
This act is identical to House Bill 746 (2009).
JASON ZAMKUS