SB 1116: Rural Areas of Opportunity
GENERAL BILL by Grimsley
Rural Areas of Opportunity; Increasing the value of tax credits for certain eligible businesses; increasing the maximum amount of grant funds that regionally based economic development organizations may receive from the Department of Economic Opportunity; increasing the maximum percentage of infrastructure project costs for which the department may award grants; deleting a provision that caps the tax refund amount for certain qualified target industry business tax refund applicants; specifying that a rural area of opportunity shall be designated as a rural enterprise zone, etc.
Last Action: 5/2/2014 Senate - Died in Commerce and Tourism, companion bill(s) passed, see CS/HB 7023 (Ch. 2014-218)
Bill Text: Web Page | PDF
- Commerce and Tourism (CM)
- Appropriations Subcommittee on Finance and Tax (AFT)
- Appropriations (AP)
• Referred to Commerce and Tourism; Appropriations Subcommittee on Finance and Tax; Appropriations -SJ 91
• Introduced -SJ 90
• Died in Commerce and Tourism, companion bill(s) passed, see CS/HB 7023 (Ch. 2014-218)
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