commerce; 2025-2026
What changed between versions
Added mandatory e-verify program registration requirement for employers seeking grants, loans, or tax incentives under the chapter.
Added new reporting deadline requiring data compilation and submission to state officials by December 31 each year.
Added requirement for cities, towns, and counties to submit building permit and zoning statistics to the authority by September 30 each year.
Added requirement for authority to maintain three full-time employees dedicated to small business advocacy and rural economic development.
Added confidentiality protections for information disclosed to the office of economic opportunity regarding incentive applicants.
Added new authority powers including ability to assess business fees for export services, maintain separate bank accounts, and lease or purchase motor vehicles.
Added exemptions from various state laws including state employment regulations, accounting practices, IT requirements, and government competition with private enterprise.