Meeting to consider SB 1014

Summary

This is the agenda for a Senate Community, Economic, and Recreational Development Committee meeting on Monday, February 5, 2024 at 12:30 p.m. It lists consideration of Senate Bill 1014 (Laughlin), an act amending the Tax Reform Code of 1971 in city revitalization and improvement zones (CRIZ). Amendment A03431 provides that the CRIZ operating board shall consist of nine members, three appointed by each of the Mayor or the Board of Commissioners, the Senate and the House of Representatives. It also provides that one zone shall be approved in the first year and up to two zones may be approved in subsequent years.

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Full text

COMMITTEE: Senate Community, Economic & Recreational Development (Code 31)
TITLE: Meeting to consider SB 1014
DATE: 2024-02-02

Senate Community, Economic, and Recreational Development Committee
Monday, February 5, 2024 | 12:30 p.m.
Room 8E-A, East Wing
Agenda
I. Call to Order and Roll Call
II. Consideration of Legislation
Senate Bill 1014 (Laughlin)
– An Act amending the Tax Reform Code of 1971, in city revitalization and improvement zones (CRIZ), further providing for definitions, for establishment or designation of contracting authority, for approval, for transfers, for restrictions, for transfer of property and for review.
AMENDMENT:
A03431 to SB 1014 (Laughlin)
– Provides that the membership of the CRIZ operating board shall consist of nine members, three members being appointed by each of the following: the Mayor or the Board of Commissioners; the Senate; and the House of Representatives.  Further provides that one zone shall be approved in the first year and up to two zones may be approved in subsequent years.
III. Recess

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