1E Relating to economic development; modifying certain provisions relating to job opportunity building and biotechnology and health sciences industry zones; clarifying eligibility for the property tax exemption for property in job opportunity building zones; providing for the computation of interest on biotechnology and health sciences industry zone sales tax refunds; expanding the sales tax exemption to construction equipment used in either zone type and exempting leases of motor vehicles by qualified businesses in job opportunity building zones from the sales tax under certain conditions; modifying the definition of qualified business and defining relocation payroll percentage for job opportunity building zone income and corporate franchise tax exemption purposes; clarifying certain tax reduction repayment obligation requirements for businesses in either type of zone; eliminating the requirement to publish orders modifying zones in the state register and on the internet; redefining qualified business for biotechnology and health sciences industry zone franchise tax exemption purposes; specifying certain renumbering and insertion instructions to the revisor of statutes; repealing the property tax exemption for property in biotechnology and health sciences industry zones and job opportunity building zone aid
(ra, ja)