Relating to wage requirements for certain economic development programs; prescribing an effective date.
Catchline/Summary:
Defines "qualified rural county" to mean, for certain economic development programs, county outside all metropolitan statistical areas in which total property taxes imposed by all taxing districts equal at least 1.3 percent of total assessed value of all taxable property in county.Defines "qualified rural county" to mean, for certain economic development programs, county outside all metropolitan statistical areas in which total property taxes imposed by all taxing districts equal at least 1.3 percent of total assessed value of all taxable property in county. Lowers, for qualified rural counties, compensation requirements for such economic development programs while creating wage floors for all counties.
Lowers, for counties outside all metropolitan statistical areas, compensation requirements for certain economic development programs from at least 150 percent of certain county or state measurements to at least 130 percent of such county or state measurements.
Takes effect on 91st day following adjournment sine die.
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HB 3146 Senate Committee On Finance and Revenue
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