Certified technology parks.
Summary
Amends provisions that allow a certified technology park to capture an additional amount of incremental income taxes once it has reached its limit on deposits to do the following: (1) Increase the annual additional deposit amount from $100,000 to $500,000, and cap the total additional amount that may be captured at not more than $2,000,000. (2) Require a certified technology park to meet certain reporting and performance requirements in order to be eligible to capture the additional amount of incremental income taxes.
Bill status
passed
3 of 5 stages cleared
Introduction
Jan 2020
Committee Review
Feb 2020
Senate Passage
Feb 2020
House Passage
Governor
Introduced Jan 13, 2020
Last action Feb 10, 2020
Floor votes · Senate Feb 4, 2020
How they voted
35–5
Passed · 1 other
Total votes 41
Feb 4, 2020
D
Democratic8
87% Yea
R
Republican33
84% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
14
Key actions
2
Committee
2
Feb 5, 2020
Committee
Referred to the House
upper
Feb 4, 2020
Senate · Passed
Senate Vote: pass (35-5-1)
senate
Jan 28, 2020
Upper · Passed
Committee report: amend do pass, adopted
upper
3 primary · 7 co-sponsors
Sponsors
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