Lovana Jones
- Democratic
Creates the Banking Development District Act. Creates a program to encourage the establishment of banking branches in locations where there is the greatest need for banking services. Requires the State Treasurer, in consultation with the Office of Banks and Real Estate, to adopt rules that set forth criteria for the establishment of banking development districts. Provides that a municipality or a county, in conjunction with a bank, may apply to the State Treasurer to have property designated as a banking development district. Amends the Property Tax Code. Provides that a taxing district may abate a portion of the property taxes on a banking branch in an area designated as a banking development district. Places restrictions on granting an abatement to a bank that makes contributions to the Governor or the Treasurer. Effective immediately.
Session Sine Die
First Reading
Referred to Rules
Third Reading - Short Debate - Passed 064-050-001
Added as Alternate Chief Co-Sponsor Sen. Jacqueline Y. Collins
Added as Alternate Chief Co-Sponsor Sen. Kimberly A. Lightford
Chief Senate Sponsor Sen. Donne E. Trotter
Placed on Calendar Order of First Reading April 1, 2004
Arrive in Senate
Placed on Calendar Order of 3rd Reading - Short Debate
Second Reading - Short Debate
Added Co-Sponsor Rep. Karen A. Yarbrough
House Committee Amendment No. 1 Filed with Clerk by Financial Institutions Committee
Placed on Calendar 2nd Reading - Short Debate
Do Pass as Amended / Short Debate Financial Institutions Committee; 018-000-000
House Committee Amendment No. 1 Adopted in Financial Institutions Committee; by Voice Vote
Added Chief Co-Sponsor Rep. Patricia R. Bellock
Added Co-Sponsor Rep. Patricia R. Bellock
Added Co-Sponsor Rep. Annazette Collins
Added Co-Sponsor Rep. Arthur L. Turner
Added Co-Sponsor Rep. Charles E. Jefferson
Added Co-Sponsor Rep. William Delgado
Added Co-Sponsor Rep. Constance A. Howard
Added Co-Sponsor Rep. Marlow H. Colvin
Added Co-Sponsor Rep. Mike Bost
Added Co-Sponsor Rep. Jim Watson
Added Co-Sponsor Rep. Charles G. Morrow, III
Assigned to Financial Institutions Committee
Added Co-Sponsor Rep. James H. Meyer
Added Co-Sponsor Rep. Bill Mitchell
Added Co-Sponsor Rep. Thomas Holbrook
Added Co-Sponsor Rep. Joe Dunn
Added Chief Co-Sponsor Rep. Monique D. Davis
Chief Co-Sponsor Changed to Rep. Patricia Bailey
Chief Co-Sponsor Changed to Rep. Monique D. Davis
Added Chief Co-Sponsor Rep. Patricia Bailey
Added Chief Co-Sponsor Rep. Kenneth Dunkin
First Reading
Referred to Rules Committee
Filed with the Clerk by Rep. Lovana Jones
Bill Text Versions | Format |
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Introduced | HTML |
Engrossed | HTML |
Document | Format |
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House Amendment 001 |
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