SB1634
Economic revitalization zone, local; towns may establish by ordinance.
Summary
As Introduced. Economic revitalization zone.
Allows any town, by ordinance, to establish one or more economic revitalization zones for the purpose of providing incentives to private entities to purchase real property and interests in real property to assemble parcels suitable for economic development. This authority is currently available only to cities. Each town establishing an ... (More) economic revitalization zone may grant tax incentives and provide regulatory flexibility. Properties that are acquired through the use of eminent domain shall not be eligible for the incentives and regulatory flexibility provided by the ordinance. (Less)-
Bill History
- 01/09/2019 - Senate: Prefiled and ordered printed; offered 01/09/19 19104519D
- 01/09/2019 - Senate: Referred to Committee on Local Government
- 01/29/2019 - Senate: Reported from Local Government (9-Y 1-N)
- 01/31/2019 - Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/01/2019 - Senate: Read second time and engrossed
- 02/04/2019 - Senate: Read third time and passed Senate (40-Y 0-N)
- 02/06/2019 - House: Placed on Calendar
- 02/06/2019 - House: Read first time
- 02/06/2019 - House: Referred to Committee on Counties, Cities and Towns
- 02/06/2019 - House: Assigned CC & T sub: Subcommittee #2
- 02/13/2019 - House: Subcommittee recommends reporting (8-Y 0-N)
- 02/15/2019 - House: Reported from Counties, Cities and Towns (21-Y 0-N)
- 02/18/2019 - House: Read second time
- 02/19/2019 - House: Read third time
- 02/19/2019 - House: Passed House BLOCK VOTE (98-Y 0-N)
- 02/19/2019 - House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
- 02/19/2019 - House: Reconsideration of House passage agreed to by House
- 02/19/2019 - House: Passed House BLOCK VOTE (99-Y 0-N)
- 02/19/2019 - House: VOTE: BLOCK VOTE PASSAGE #2 (99-Y 0-N)
- 02/22/2019 - Senate: Enrolled
- 02/22/2019 - Senate: Bill text as passed Senate and House (SB1634ER)
- 02/22/2019 - Senate: Signed by President
- 02/22/2019 - House: Signed by Speaker
- 03/04/2019 - Senate: Enrolled Bill Communicated to Governor on March 4, 2019
- 03/04/2019 - Governor: Governor's Action Deadline Midnight, March 26, 2019
- 03/21/2019 - Governor: Approved by Governor-Chapter 721 (effective 7/1/19)
- 03/21/2019 - Governor: Acts of Assembly Chapter text (CHAP0721)
