SJR 24 – Authorizes the creation of tax free zones

• Sponsor: Wilson
• LR Number: 3065S.01I
• Committee: Ways and Means
• Last Action: 1/19/2010 - Second Read and Referred S Ways and Means Committee
• Journal Page: S132
• Effective Date: Upon voter approval

Current Bill Summary

SJR 24 - 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 14 (2009) and SJR 47 (2008).

JASON ZAMKUS