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Sponsor says SJR 15 would let local governments create economic‑development districts to attract investment
2841212 · March 12, 2025
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Summary
Sen. Jonathan Dismaine presented SJR 15 to authorize creation of locally governed economic development districts that can offer targeted tax incentives and abatements; sponsors said the change would let cities and counties compete for retail and mixed‑use development.
Senator Jonathan Dismaine (District 18) told the committee that Senate Joint Resolution 15 would create a constitutional basis for locally governed economic development districts that could be used to offer targeted incentives — for example to redevelop a dilapidated downtown building or to…
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