AGENDA ITEM 6.4
October 26, 2010
Faden, Senior Legislative Attorney
Expedited Bill 55-10, Taxation - Transportation Impact Tax
Credits - Amendments
Expedited Bill 55-10, Taxation - Transportation Impact Tax Credits - Amendments,
sponsored by Councilmembers Knapp and EIrich, is scheduled to be introduced on October 26,
2010. Public hearing/action is tentatively scheduled for November 23 at 1:30 p.m.
Bill 55-10 would clarify the extent to which certain entities may apply unused
transportation impact tax credits to satisfy an obligation under Policy Area Mobility Review or a
successor policy area transportation test. This bill would modify an amendment to Bill 19-10,
Taxes - Transportation Impact Tax - Amendments, which currently awaits Executive action.
This packet contains:
Expedited Bill 55-10
Legislative Request Report
F:\LAw\BILLS\ I055 Impact Tax - Credits - Amendments\lntro Memo.Doc