HB 342: Enterprise zones; certain urban redevelopment zones; provide designationVoted on Friday March 3, 2017
John Pezold's thoughts
HB 342 allows for sales and use tax exemptions for an urban redevelopment area that has been chronically underdeveloped for 20 years or more and contains a redevelopment project having a minimum $400 million projected capital investment. Within the enterprise, an amount equal to the sales and use taxes exempted may be collected and pledged for securing revenue bonds for development or infrastructure projects within the zone.More information on legis.ga.gov
The table below breaks down the total number of votes, and marks the majority vote.
|Did not vote||5||2.8%|