Staff Analysis of the Legislation
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03.20.12 The Senate Finance Sales and Income Tax subcommittee gave this bill a favorable report. Later in the day, the full Senate Finance committee gave this bill a favorable report with amendments. The amendment makes a provision for a data center, makes electricity available to only the data center, changes the $75 million threshold investment, added a job number and maintenance clauses. 04.05.11 The House Ways and Means committee gave this bill a favorable report with an amendment. As soon as the amendment is available, it will be posted. 03.03.11 The House Ways and Means Economic Development, Capital Improvements and Other Taxes subcommittee gave this bill a favorable report with an amendment. The amendment changes the number of jobs from 20 to 40. Summary of the bill as introduced: Revises the requirements of a qualifying service-related facility and a technology intensive facility. |