Introduced
by
To revise the eligibility criteria for communities that may establish a “neighborhood enterprise zone,” in such a way as to authorize a total of 88 communities, rather than 30 under current law, to grant tax abatements to certain residential property owners under the Neighborhood Enterprise Zone Act. The bill also eliminates the December 31, 2001 deadline for owners to obtain a new neighborhood enterprise zone certificate.
Referred to the Committee on Commerce
Substitute offered
Which reflects changes adopted following committee testimony and discussion.
The substitute passed by voice vote
Passed in the House 102 to 0 (details)
To revise the eligibility criteria for communities that may establish a “neighborhood enterprise zone,” in such a way as to authorize a total of 88 communities, rather than 30 under current law, to grant tax abatements to certain residential property owners under the Neighborhood Enterprise Zone Act. The bill also eliminates the December 31, 2001 deadline for owners to obtain a new neighborhood enterprise zone certificate.
Substitute offered
To replace the previous version of the bill with a version recommended by the committee which reported it. The substitute incorporates changes resulting from committee testimony and deliberation. These do not affect the substance of the bill as previously described.
The substitute passed by voice vote
Passed in the Senate 34 to 0 (details)
To revise the eligibility criteria for communities that may establish a “neighborhood enterprise zone,” in such a way as to authorize a total of 88 communities, rather than 30 under current law, to grant tax abatements to certain residential property owners under the Neighborhood Enterprise Zone Act. The bill also eliminates the December 31, 2001 deadline for owners to obtain a new neighborhood enterprise zone certificate.
Passed in the House 101 to 0 (details)
To concur with the Senate-passed version of the bill.
