2011 House Bill 5122

Extend “renaissance zone” income tax breaks

Introduced in the House

Oct. 25, 2011

Introduced by Rep. Holly Hughes (R-91)

To extend the state income tax breaks granted to a person who lives in a “renaissance zone” and who has an annual income less than $1 million. Without the bill, these existing tax breaks would be eliminated under a recently-passed business and individual income tax overhaul.

Referred to the Committee on Tax Policy

Dec. 1, 2011

Reported without amendment

With the recommendation that the substitute (H-1) be adopted and that the bill then pass.

Dec. 8, 2011

Substitute offered

The substitute passed by voice vote

Passed in the House 105 to 3 (details)

Received in the Senate

Dec. 13, 2011

Jan. 17, 2012

Referred to the Committee on Finance