OVERVIEW OF THE WILLIAM S. LEE ACT


Mar 23rd, 2011
by Jeanette Doran
from NCICL

The William S. Lee Act (better known as the “Bill Lee Act”) was created in 1996 in order

to keep up with similar economic incentive schemes employed by other states since the mid-

1980s. The Bill Lee Act credits generally continued until January 1, 2008. Only those credits

for eligible major industries and taxpayers in development zones continued through January 1,

2010.

 

(Full PDF attached above).