2011 Senate Bill 266

Authorize “Industrial Plant Rehabilitation” tax break for existing facility

Introduced in the Senate

March 16, 2011

Introduced by Sen. Roger Kahn (R-32)

To authorize an Industrial Plant Rehabilitation personal property tax break for a particular “existing facility.” Under current law such tax breaks may be granted to new and speculative buildings, and to replacement facilities.

Referred to the Committee on Economic Development