2004 House Bill 5484

Introduced in the House

Feb. 5, 2004

Introduced by Rep. Bill McConico (D-5)

To authorize a property tax abatement of "up to" 12 years for eligible property in a neighborhood enterprise zone, rather than “until” 12 years, as under current law.

Referred to the Committee on Commerce

March 9, 2004

Reported without amendment

With the recommendation that the substitute (H-1) be adopted and that the bill then pass.

March 10, 2004

Substitute offered

To replace the previous version of the bill with one containing technical changes that do not affect its substance as previously described.

The substitute passed by voice vote

Passed in the House 100 to 1 (details)

To authorize a property tax abatement for six to 12 years for eligible property in a neighborhood enterprise zone, rather than “until” 12 years, as under current law.

Received in the Senate

March 11, 2004

Referred to the Committee on Economic Development, Small Business, and Regulatory Reform