Relating to rural enterprise zone tax exemption; prescribing an effective date.
Catchline/Summary:
Expands time period in which certain business firms must hire employees in order to qualify for long term rural enterprise zone tax exemption. Expands time period in which certain business firms must hire employees in order to qualify for long term rural enterprise zone tax exemption.
Applies to business firms receiving rural enterprise zone exemption on or after effective date of Act and to property tax years beginning on or after July 1, 2009.
Takes effect on 91st day following adjournment sine die.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
Revenue Impact:
May Have Revenue Impact, But No Statement Yet Issued
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HB 2549 House Committee On Sustainability and Economic Development
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