Introduced
by
To increase by one the number of renaissance zones (and associated tax breaks) authorized in the state, and also allow two additional renaissance zones for renewable energy facilities.
Referred to the Committee on Commerce and Tourism
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that increases the maximum number of "tool and die renaissance recovery zones".
The substitute passed by voice vote
Passed in the Senate 37 to 0 (details)
To increase from 25 to 35 the maximum number of tool and die renaissance recovery zones, which allow generous tax breaks for these types of firms. Also to reduce certain eligibility thresholds for these tool and die tax breaks, and eliminate a tax-break phaseout provision.
Referred to the Committee on Judiciary
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Substitute offered
by
To replace the previous version of the bill with one that removes the elimination of a phaseout provision for these tool and die tax breaks.
The substitute passed by voice vote
Passed in the House 100 to 0 (details)
To increase from 25 to 35 the maximum number of tool and die renaissance recovery zones, which allow generous tax breaks for these types of firms. Also to reduce certain eligibility thresholds for these tool and die tax breaks.
Passed in the Senate 37 to 1 (details)
To concur with the House-passed version of the bill.
