Introduced by Sen. Joyce Mulliken (R) on January 25, 2005, to establish a program to provide technical assistance and training to local governments, business organizations, downtown and neighborhood commercial district organizations, and business and property owners to accomplish community and economic revitalization and development of business districts, and certify a downtown or neighborhood commercial district organization's use of available tax incentives. See companion HB 1273.
Referred to the Senate International Trade and Economic Development Committee on January 25, 2005.
Referred to the Senate International Trade and Economic Development Committee on February 25, 2005.
Substitute offered to the Senate International Trade and Economic Development Committee on February 28, 2005, to provide that the ability to receive PUT credits is added to the B&O tax credit incentive in the original bill. Businesses are to get approval from the DOR, not CTED, before receiving tax credits on program contributions. Clarifying language is added .
Referred to the Senate Ways & Means Committee on February 28, 2005.