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Committee adopts amendment and advances targeted urban area tax preference bill
Summary
House Bill 1210 — a targeted urban area tax preference for clean energy transformation businesses — was amended (KRNG 47), the amendment adopted, and the substitute bill reported out of committee with a due pass recommendation (11 ayes, 3 nays, 1 excused).
House Bill 1210, described by committee staff Christina King, would expand the targeted urban area tax preference to include existing building improvements, apply certain labor standards, and allow cities to extend project completion deadlines for clean energy transformation businesses.
Christina King told the committee: "House Bill 12 10, this is the targeted urban area tax preference. It includes real property with existing building improvements to qualify for the…
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