| 13 | | - | business enterprises in less developed areas, is amended by revising subsection (c) as8 |
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| 14 | | - | follows:9 |
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| 15 | | - | "(c) The commissioner of community affairs, and the commissioner of economic10 |
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| 16 | | - | development in areas qualifying under the provisions of paragraphs (1), (3), and (4) of this11 |
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| 17 | | - | subsection, also shall be authorized to include in the designation provided for in12 |
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| 18 | | - | subsection (b) of this Code section:13 |
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| 19 | | - | (1) Any area composed of ten or more contiguous census tracts which, in the opinion of14 |
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| 20 | | - | the commissioner of community affairs and the commissioner of economic development,15 |
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| 21 | | - | - 1 - 24 LC 50 0884S |
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| 22 | | - | undergoes a sudden and severe period of economic distress caused by the closing of one16 |
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| 23 | | - | or more business enterprises located in such area;17 |
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| 24 | | - | (2) Any area composed of one or more census tracts adjacent to a federal military18 |
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| 25 | | - | installation where pervasive poverty is evidenced by a 15 percent poverty rate or greater19 |
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| 26 | | - | as reflected in the most recent decennial census; provided, however, that the subsequent20 |
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| 27 | | - | redrawing or alteration of census tracts in a manner which results in an area no longer21 |
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| 28 | | - | being in a census tract adjacent to a federal military installation shall not disqualify an22 |
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| 29 | | - | area which has previously qualified under this paragraph if the area continues to have23 |
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| 30 | | - | pervasive poverty as described in this paragraph;24 |
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| 31 | | - | (2.1) Any census tract in a county that contains a federal military installation with a25 |
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| 32 | | - | garrison of at least 5,000 federal or military personnel combined and also contains an26 |
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| 33 | | - | industrial park that is owned and operated by a governmental entity;27 |
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| 34 | | - | (2.2) For 2025 and 2026, any census tract in a county that contains a federal military28 |
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| 35 | | - | installation with a garrison of at least 5,000 federal or military personnel;29 |
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| 36 | | - | (3) Any area composed of one or more contiguous census tracts which, in the opinion30 |
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| 37 | | - | of the commissioner of community affairs and the commissioner of economic31 |
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| 38 | | - | development, is or will be adversely impacted by the loss of one or more jobs, businesses,32 |
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| 39 | | - | or residences as a result of an airport expansion, including noise buy-outs, or the closing33 |
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| 40 | | - | of a business enterprise which, in the opinion of the commissioner of community affairs34 |
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| 41 | | - | and the commissioner of economic development, results or will result in a sudden and35 |
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| 42 | | - | severe period of economic distress; or36 |
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| 43 | | - | (4) Any area which is within or adjacent to one or more contiguous census block groups37 |
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| 44 | | - | with a poverty rate of 15 percent or greater as determined from data in the most current38 |
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| 45 | | - | United States decennial census, where the area is also included within a state enterprise39 |
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| 46 | | - | zone pursuant to Chapter 88 of Title 36 or where a redevelopment plan has been adopted40 |
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| 47 | | - | pursuant to Chapter 61 of Title 36 and which, in the opinion of the commissioner of41 |
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| 48 | | - | - 2 - 24 LC 50 0884S |
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| 49 | | - | community affairs and the commissioner of economic development, displays pervasive42 |
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| 50 | | - | poverty, underdevelopment, general distress, and blight.43 |
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| 51 | | - | No designation made pursuant to this subsection shall operate to displace or remove any44 |
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| 52 | | - | other area previously designated as a less developed area. Notwithstanding any provision45 |
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| 53 | | - | of this Code section to the contrary, in areas designated as suffering from pervasive poverty46 |
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| 54 | | - | under this subsection, job tax credits shall be allowed as provided in this Code section, in47 |
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| 55 | | - | addition to business enterprises, to any lawful business."48 |
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| 56 | | - | SECTION 2.49 |
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| 57 | | - | All laws and parts of laws in conflict with this Act are repealed.50 |
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| 58 | | - | - 3 - |
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| 25 | + | business enterprises in less developed areas, is amended by revising paragraph (2.1) of8 |
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| 26 | + | subsection (c) as follows: 9 |
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| 27 | + | "(2.1) Any census tract in a county that contains a federal military installation with a10 |
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| 28 | + | garrison of at least 5,000 federal or military personnel combined and also contains an |
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| 29 | + | 11 |
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| 30 | + | industrial park that is owned and operated by a governmental entity;"12 |
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| 31 | + | SECTION 2.13 |
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| 32 | + | All laws and parts of laws in conflict with this Act are repealed.14 |
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| 33 | + | H. B. 1020 |
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| 34 | + | - 1 - |
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