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Enterprise Zone Statute Fixes Of Defects

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

The act:

  • Repeals obsolete provisions that allow an income tax credit for contributions to enterprise zone administrators to implement economic development plans;
  • Moves certain cross references that are incorrectly placed in the section that allows for an investment tax credit in enterprise zones; and
  • 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 enacted.)


Became Law


Bill Text

  • All Versions (7 )
    Date Bill Type Documents
    06/23/2020 Signed Act PDF
    06/16/2020 Final Act PDF
    06/03/2020 Rerevised PDF
    06/02/2020 Revised PDF
    03/02/2020 Reengrossed PDF
    02/28/2020 Engrossed PDF
    01/28/2020 Introduced PDF

The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details