2017 Senate Bill 115 ↩

House Roll Call 98: Passed

To authorize excluding local income taxes from the tax exemptions authorized for owners or occupants of property in a “renaissance zone,” if the property's owners are benefitting from subsidies authorized by Senate Bills 111 to 114, and subject to negotiation. These subsidies essentially allow a developer or business owner to keep the income tax withholding amounts associated with a particular building. This is part of a package comprised of Senate Bills 111 to 115; see also Senate Bills 242 and 243.