Substitute for Raised S.B. No. 480
Session Year 2022
 


AN ACT CONCERNING THE ESTABLISHMENT AND CERTIFICATION OF COMMUNITY DEVELOPMENT CORPORATIONS IN THE STATE.

To (1) establish the Office of Community Economic Development Assistance to incentivize the establishment and certification of community development corporations in the state to encourage economic and community development in target areas, (2) provide funds for a grant program for projects undertaken in a target area, and (3) provide a tax credit for investments made in such corporations.

Introduced by:
Finance, Revenue and Bonding Committee

 New today  2-4 days old  5 days & older

Co-sponsors for Amendment LCO:

Bill History

 Date Action Taken
 4/25/2022(LCO)File Number 621
 4/25/2022Senate Calendar Number 449
 4/25/2022Favorable Report, Tabled for the Calendar, Senate
 4/25/2022(LCO)Reported Out of Legislative Commissioners' Office
 4/18/2022(LCO)Referred to Office of Legislative Research and Office of Fiscal Analysis 04/25/22 12:00 PM
 4/6/2022(LCO)Filed with Legislative Commissioners' Office
 4/5/2022(FIN)Joint Favorable
 3/28/2022Public Hearing 03/31
 3/25/2022Referred to Joint Committee on Finance, Revenue and Bonding

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