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HB20-1177

Enterprise Zone Statute Fixes Of Defects

Concerning modifications to the enterprise zone statutes in order to address certain defects and anachronisms.
Session:
2020 Regular Session
Subject:
Fiscal Policy & Taxes
Bill Summary

Statutory Revision Committee. Section 1 of the bill repeals obsolete provisions that allow an income tax credit for contributions to enterprise zone administrators to implement economic development plans.

Section 2 moves certain cross references that are incorrectly placed in the section that allows for an investment tax credit in enterprise zones.

Section 3 fixes an incorrect cross reference in the section that allows a credit for new enterprise zone business employees.
(Note: This summary applies to this bill as introduced.)

Status

Introduced
Under Consideration

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Bill Text

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