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Introduced House Bill (H)

DIGEST

Enterprise zone renewals. Provides that an enterprise zone may be renewed for an additional five year period if the fiscal body of the municipality in which the enterprise zone is located adopts a resolution to renew the enterprise zone. Provides that a zone business located in the renewed enterprise zone may only access the property tax deduction incentive. Enterprise zone renewals. Provides that an enterprise zone may be renewed for an additional five year period if the fiscal body of the municipality in which the enterprise zone is located adopts a resolution to renew the enterprise zone. Provides that a zone business located in the renewed enterprise zone may only access the property tax deduction incentive.