SMALL BUSINESS INCENTIVES
Summary
Creates the Small Business Economic Incentive Act. Provides that at least 50% of the dollar value of all economic incentives awarded to businesses by the State or by any State agency on or after January 1, 2025 shall be awarded to businesses with 50 or fewer full-time employees. Effective January 1, 2025.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 24, 2024
Last action Apr 12, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
10
Key actions
0
Committee
3
Apr 5, 2024
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Mar 12, 2024
Committee
Assigned to Executive Committee
lower
Jan 31, 2024
Committee
Referred to Rules Committee
lower
1 primary · 5 co-sponsors
Sponsors
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