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SB364Introduced in the Senate

Revises provisions relating to economic development. (BDR 32-799)

Failed

Introduced by Michelee Cruz-Crawford, District 1

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

AN ACT relating to taxation; authorizing certain qualified businesses in this State to apply to the Office of Economic Development for a partial abatement from certain taxes imposed in connection with the development of railroad tracks, railroad spurs and other railroad-related infrastructure; prescribing certain requirements and conditions relating to the partial abatement; and providing other matters properly relating thereto.

Where it stands

(No further action taken.)

June 3, 2025

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. Read first time. Referred to Committee on Revenue and Economic Development. To printer.

  2. From printer. To committee.

  3. Notice of eligibility for exemption.

  4. From committee: Amend, and do pass as amended.

  5. Placed on Second Reading File.

  6. Read second time. Amended. (Amend. No. 363.)

  7. Taken from General File. Re-referred to Committee on Finance. Exemption effective. To printer.

  8. From printer. To engrossment. Engrossed. First reprint. To committee.

  9. (No further action taken.)

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