Substitute for Raised S.B. No. 1216
Session Year 2011
AN ACT CONCERNING THE URBAN REINVESTMENT ACT AND THE FEDERAL NEW MARKETS TAX CREDIT PROGRAM AND CORRECTING AN EFFECTIVE DATE.
To amend the Urban Reinvestment Act to address differences between it and the federal New Markets Tax Credit Program, in order to encourage additional investment in the state.
Finance, Revenue and Bonding Committee
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Co-sponsors for Amendment LCO:
Co-sponsors of SB-1216
Sen. Martin M. Looney, 11th Dist.
Rep. Bruce V. Morris, 140th Dist.
Sen. Edward Meyer, 12th Dist.
Sen. Anthony J. Musto, 22nd Dist.
Sen. Edwin A. Gomes, 23rd Dist.
Sen. Joseph J. Crisco, 17th Dist.
Sen. Eric D. Coleman, 2nd Dist.