92nd General Assembly
Status of SB1675
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   New Act                                                                     

        Creates the Banking Development  District  Act.  Provides  for  a      
   system  of  tax  exemptions  for  real  property used for banks, trust      
   companies, or national banks located within banking development zones.      
   Provides that the Treasurer, in consultation with the Office of  Banks      
   and  Real Estate, must promulgate rules setting forth the criteria for      
   the  establishment  of   banking   development   districts.   Provides      
   procedures  by  which  local  governments,  in conjunction with banks,      
   trust companies, or national banks, can establish banking  development      
   zones.  Provides  procedures  for  calculating  and  applying  for tax      
   exemptions. Effective immediately.                                          
   JAN-30-2002  S  FIRST READING                                                  
   JAN-30-2002  S  REFERRED TO SENATE RULES COMMITTEE       RULES                 
   JAN-07-2003  S  SESSION SINE DIE                                               


 Full Text  Bill Summary