Title: Tax Rebate for Road Projects
Vote to pass a bill allowing developers engaged in highway improvements projects that incur costs in excess of $8 million to receive a tax rebate equal to 60 percent of the sales tax collected by the stores being constructed.
- Expands the definition of "Highway Improvements" to include the construction, improvement, or upgrade of arterial or collector public roads for the purpose of increasing highway capacity [sec. 1 (5) (c)].
Title: Tax Rebate for Road Projects