SJR 43 – Authorizes the creation of tax free zones

• Sponsor: Mayer
• LR Number: 4889S.01I
• Committee: Progress and Development
• Last Action: 3/31/2010 - Voted Do Pass S Progress and Development Committee
• Effective Date: Upon voter approval

Current Bill Summary

SJR 43 - This proposed constitutional amendment, if approved by voters, would allow for the creation of discrete tax free or reduced tax geographic zones for the purpose of promoting economic development in such zones. No such zone may maintain tax favored status for a term longer than twenty-three years.

This proposed constitutional amendment is identical to SJR 22 (2010), SJR 14 (2009), and SJR 47 (2008).

JASON ZAMKUS