Bill Text | History of Actions | Background | Title |
Description: Brownfield property; authorize those who incur costs of remediation to receive percentage of added ad valorem tax revenue.
Bill Text: [Introduced]
| 1 | 01/17 (H) Referred To Municipalities;County Affairs | |
| 2 | 02/01 (H) Died In Committee |
| Effective date | July 1, 2005 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
House Committees:
Principal Author: Ellington
Title: AN ACT TO PROVIDE THAT THE BOARD OF SUPERVISORS OF ANY COUNTY AND THE GOVERNING AUTHORITIES OF ANY MUNICIPALITY MAY AUTHORIZE ANY PERSON WHO INCURS REMEDIATION COSTS RELATING TO A BROWNFIELD PROPERTY TO RECEIVE A CERTAIN PERCENT OF THE ADDED INCREMENTS OF MUNICIPAL AND COUNTY ADVALOREM TAX REVENUES DERIVED FROM THE PROPERTY BECAUSE OF THE REMEDIATION; AND FOR RELATED PURPOSES.
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2005/html/History/HB/HB1017.htm