Eye On Weather

63°F
Sponsored by

Tax incentives may be offered to redevelop abandoned state property

SPRINGFIELD -- The State Senate passed a bill Thursday to offer private investors tax incentives to redevelop abandoned state facilities.
SPRINGFIELD -- The State Senate passed a bill Thursday to offer private investors tax incentives to redevelop abandoned state facilities. The bill would offer tax credits for some of the costs of refurbishing buildings like the recently closed Jacksonville Developmental Center. 

The goal is to get the properties working again so the local communities aren't hurt. The bill passed in the Senate unanimously. It now heads to the State House for approval.
Page: [[$index + 1]]
comments powered by Disqus

Do You Have a News Tip?


If you have any story ideas or a news tip,  let our news desk know.