HB3664 Summary

• Adds the City of Grafton to America's Central Port District territory in Madison and Jersey Counties, removing the township of Quarry from the district.

• Expands the district's main purpose to explicitly include "economic development, including industrial, commercial and transportation activities."

• Authorizes the district to establish foreign trade zones and sub-zones that may be located within or outside the district's territorial boundaries, removing previous geographic restrictions.

• Broadens the district's power to establish business entities beyond just subsidiaries to include partnerships, associations, and other organizations operated for profit or not-for-profit related to community and economic development.