Tax increment financing; blighted areas. (SB306)

Introduced By

Sen. Harry Blevins (R-Chesapeake)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Tax increment financing; blighted areas.  Specifies that only a blighted area may be designated as a development project area for purposes of tax increment financing. Read the Bill »

Status

01/25/2012: Failed to Pass in Committee

History

DateAction
01/10/2012Prefiled and ordered printed; offered 01/11/12
01/10/2012Prefiled and ordered printed; offered 01/11/12 12101315D
01/10/2012Referred to Committee on Finance
01/20/2012Impact statement from TAX (SB306)
01/25/2012Passed by indefinitely in Finance (14-Y 0-N) (see vote tally)