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The Agenda: Local government briefs for 7.12.21
BizSense file)
Proposed technology zone would include city BPOL tax exemptions
The Richmond City Council’s Finance and Economic Development Standing Committee will consider a proposed technology zone for the city at its 1 p.m. meeting Thursday.
Requested by Councilmembers Andreas Addison and Ann-Frances Lambert, the zone is aimed at fostering development and location of tech businesses in the city by exempting qualified businesses from paying the city’s Business, Professional and Occupational License tax for up to five years. The zone would cover the whole city and mirror a similar zone adopted in Norfolk.