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HB 0128 - Georgia Downtown Renaissance Investment Act
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Tracking Level: Neutral
Sponsor: Peake, Allen 141st (R)
Last Action: 3/26/2014 - House Sent to Governor
State Code Titles: 48
House Committee: W&M
Senate Committee: ECD
Assigned To:
Economic DevelopmentNext Bill
Shaun AdamsNext Bill

Staff Analysis of the Legislation

This legislation creates the Georgia Downtown Renaissance Investment Act which will encourage investment in downtown areas through multiple funding mechanisms, promote economic development, and provide for other matters.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text
2013-2014 Regular Session - HB 128
Georgia Downtown Renaissance Investment Tax Credit Act; enact
Sponsored By
Sponsored In Senate By
Committees
First Reader Summary
A BILL to be entitled an Act to amend Article 2 of Chapter 7 of Title 48 of the O.C.G.A., relating to the imposition, rate, computation, and exemptions from state income tax, so as to revise and change provisions regarding state income tax credits; to provide for state income tax credits for certain downtown investments; to provide for state income tax credits for qualified contributions to a Georgia Renaissance Fund; to provide for state income tax credits for certain downtown housing investments; to provide for short titles; to provide for procedures, conditions, and limitations; to provide for powers, duties, and authority of the state revenue commissioner, the Department of Revenue, and the Department of Community Affairs; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.
Status History
Mar/26/2014 - House Sent to Governor
Mar/18/2014 - Senate Passed/Adopted
Mar/18/2014 - Senate Third Read
Mar/18/2014 - Senate Taken from Table
Mar/18/2014 - Senate Tabled
Mar/18/2014 - Senate Taken from Table
Mar/13/2014 - Senate Tabled
Mar/13/2014 - Senate Engrossed
Mar/10/2014 - Senate Read Second Time
Mar/07/2014 - Senate Committee Favorably Reported
Mar/04/2014 - Senate Read and Referred
Mar/03/2014 - House Passed/Adopted By Substitute
Mar/03/2014 - House Third Readers
Feb/26/2014 - House Committee Favorably Reported By Substitute
Jan/30/2013 - House Second Readers
Jan/29/2013 - House First Readers
Jan/28/2013 - House Hopper
Footnotes
03/03/2014 Structured Rule; 3/13/2014 Engrossed Upon 3rd Reading in Senate; 3/13/2014 Tabled in Senate; 3/18/2014 Taken from Table in Senate; 3/18/2014 Tabled in Senate; 3/18/2014 Taken from Table in Senate
Votes
Mar/18/2014 - Senate Vote #663Yea(46)Nay(6)NV(2)
Exc(2)
Mar/18/2014 - Senate Vote #654Yea(34)Nay(17)NV(5)
Exc(0)
Mar/13/2014 - Senate Vote #624Yea(35)Nay(15)NV(3)
Exc(3)
Mar/03/2014 - House Vote #670Yea(160)Nay(15)NV(5)
Exc(0)
Past Versions
Versions
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