To create a state fund to provide cash grant and loan "brownfield" subsidies to developers, with money coming from state education tax revenue "captured" by local brownfields tax increment finance authorities. The bill would also authorize “brownfields” subsidies for parking lots and for developers whose projects are deemed to involve a “historic resource," and revise various procedures and requirements related to this subsidy program.
31 Yeas / 7 Nays | |
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Democrat (11 Yeas / 1 Nay) | |
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