Providing for designation of foreign trade zones as international economic development zones by certain foreign trade zone authorities under certain conditions, specifying certain size restrictions, certain consideration requirements for designation and certain powers of the authorities including the authority to establish port authorities, requiring and providing for preparation of a business plan; providing certain property, income, franchise, and sales and use tax exemptions for businesses located and individuals operating or investing in a trade or business in the zones; creating a jobs credit for qualified businesses and appropriating money to the commissioner of revenue for the credit; requiring and providing for repayment of certain tax incentives upon ceasing operation in the zones; requiring the commissioner of employment and economic development (DEED) to study and analyze the benefits to the state from more than one international economic development zone and report to the legislature by a certain date
(ra)