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House Bill 1283


House Bill 1283

ARCHIVE (2005)

Latest Information

 

DIGEST OF HB1283 (Updated February 21, 2005 5:54 pm - DI 84)


Property tax abatement. Permits a city, town, or county to approve property tax abatements for new manufacturing equipment, new research and development equipment, new logistical distribution equipment, or new information technology equipment anywhere within its jurisdiction instead of limiting those abatements to economic revitalization areas. Repeals the prohibition against approval of new tax abatements after December 31, 2005. Repeals the limitation of tax abatements for new logistical distribution equipment and new information technology equipment to certain counties located along Interstate Highway 69. Makes conforming changes.
Current Status:
 Passed 2nd reading - first House
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