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MN SF3305
Bill
Status
3/22/2010
Primary Sponsor
Yvonne Prettner Solon
Click for details
AI Summary
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Extends the maximum JOBZ zone duration from 12 years by 3 calendar years for ethanol plants with business subsidy agreements executed after April 30, 2006
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Extends the maximum JOBZ zone duration by 5 calendar years for businesses in counties with unemployment rates equaling or exceeding 10 percent or 10 percent higher than statewide average, with headquarters, R&D facilities, and energy-efficient manufacturing operations, if subsidy agreements are executed between July 1, 2009 and July 1, 2011
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Extends the maximum JOBZ zone duration by 5 calendar years for renewable energy businesses with headquarters, training facilities, or manufacturing facilities in high unemployment counties, if subsidy agreements are executed between July 1, 2010 and July 1, 2012
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Takes effect the day following final enactment
Legislative Description
Job opportunity building zones (JOBZ) tax incentives duration extension
Last Action
Senate: Author added Bakk
3/23/2010