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HF 2298 House Long Description

hf2298FIRST ENGROSSMENTInternational economic development zone designated, tax incentives +provided, and money appropriated.Section 1: IED zone property defined.Sec. 2: IED zone job credit provided.Sec. 3: IED zone exclusions specified.Sec. 4: IED zone qualifications provided.Sec. 5: Related terms defined.Sec. 6: Designation of IED zone provided.Sec. 7: Foreign trade zone authority powers designated.Sec. 8: Tax incentives in IED zone provided.Sec. 9: Credit allowed.Sec. 10: Tax benefit repayment provided.Sec. 11: Reporting requirements provided.AE