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Senate approves strike-and-insert to allow Huntington and select counties to levy excise taxes for economic development districts
Summary
The Senate adopted strike-and-insert amendments authorizing the City of Huntington and certain counties to levy special excise taxes for Economic Opportunity Development Districts, subject to Department of Economic Development approval and annual reporting requirements.
The committee on economic development offered and the Senate adopted strike‑and‑insert amendments authorizing municipal and county economic opportunity development districts and imposing application, approval and reporting requirements.
For House Bill 34 92, the strike‑and‑insert authorizes the City of Huntington to levy an excise tax for a 46‑acre Economic Opportunity Development District but requires the city to submit an application to and receive…
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