An Act Concerning The 2010 United States Census And Areas Of Municipalities Designated As Enterprise Zones.
The implications of SB01134 on state laws primarily concern the processes by which areas are designated as enterprise zones. By requiring a review based on up-to-date census data, the bill reinforces the criteria that must be met for municipalities to benefit from the incentives associated with enterprise zone designations. This could lead to the reevaluation of existing zones and potentially impact local economic strategies and resources allocated to these areas.
SB01134 is a legislative measure introduced to address the designation of enterprise zones based on the results of the 2010 United States Census. This bill mandates that the Commissioner of Economic and Community Development review the census results to determine whether areas of municipalities still qualify for enterprise zone status. The bill aims to ensure that only those areas that meet specific criteria are designated as enterprise zones, thus enabling focused economic development efforts.
The sentiment surrounding SB01134 appears to be generally favorable among supporters of the bill, including legislators focused on economic development. They argue that using current census data will provide a clearer picture of the economic landscape, allowing for more effective allocation of resources. However, there may be some apprehension among municipal leaders who fear losing enterprise zone designations, which could hinder their local development initiatives.
There may be points of contention regarding the criteria and processes established by SB01134. Local officials and advocates for economic development might express concerns about the timing and fairness of the review process, particularly for those areas that depend heavily on the benefits of being designated as enterprise zones. Ensuring that the review is thorough yet not excessively burdensome is a challenge that the legislature will need to navigate carefully.