Legislative Session number- 83

Bill Name: SF1801

E Providing for designation of foreign trade zones as international + economic
development zones by federal foreign trade zone authorities under +certain
conditions, specifying 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, sales and use and +motor vehicle
sales tax exemptions for businesses located and individuals operating+ 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 (mk, ja)