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House Bill 2131

House Bill 2131

ARCHIVE (2001)

Latest Information

DIGEST OF HB2131 (Updated February 20, 2001 3:17 PM - DI 84)

Enterprise zones. Provides that if an enterprise zone business does not file the required verified summary of tax credits and tax exemptions claimed during the preceding year before the June 1 deadline and does not file for an extension, the zone business waives those credits and exemptions unless it pays, before July 16, a penalty equal to 15% of the credits and exemptions provided during the preceding year. Specifies that high technology business operations are eligible for a 5% enterprise zone investment cost credit.
Current Status:
In Committee - 2nd House
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