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Changes in taxes may come for some St. Pete businesses | Business

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Changes in taxes may come for some St. Pete businesses
Business, News
Changes in taxes may come for some St. Pete businesses

St. Petersburg, FL - City leaders are working to see more areas of the city thrive and reap the benefits of millions of dollars in tax breaks. 

The Enterprise Zone Development Agency has come up with a proposal that would give businesses located on Central Ave and 34th Street and other depressed areas a chance at state tax refunds.  These would be use for hiring and or building new hotels.

The Tampa Tribune reports that more than 600 businesses in places like Beach Drive, a few parts of the Grand Central District and some areas of 22nd Ave South would be removed to make room for new entrants.

Voting on this proposal will take place in October.

Read more on this story here

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