Introduced
by
To require a local government to obtain the approval of the State Administrative Board in order to extend the duration of the renaissance zone status of one or more distinct geographic areas (or sub-zones) in a zone until 2017.
Referred to the Committee on Commerce
Amendment offered
To require the extension of a Renaissance Zone's duration be authorized after April 1, 2002.
The amendment failed by voice vote
Amendment offered
by
To prohibit a local government which had not approved a Renaissance Zone extension without following the state approval process proposed by the bill from doing so after April 1, 2002. This refers to a current-law provision which expired on Dec. 31, 2001, requiring approval from the state administrative board. A local government which had extended the duration of a Renaissance Zone after Dec. 31, 2001 may possibly not have needed the administrative board approval (this is in dispute). The amendment makes clear that any extensions adopted after April 1, 2002 will definitely require approval, by making the new approval process retroactive to that date.
The amendment passed by voice vote
Passed in the House 100 to 0 (details)
To require a local government to obtain the approval of the State Administrative Board in order to extend the duration of the renaissance zone status of one or more distinct geographic areas (or sub-zones) in a zone until 2017.
Passed in the Senate 36 to 0 (details)