Certified technology parks.
Summary
Provides that if a Level 2 certified technology park (park): (1) has reached the limit of deposits for a Level 2 park; (2) maintains its certification; and (3) is located within a military base enhancement area; the park shall become a Level 3 park upon reaching its Level 2 deposit limit. Provides that a Level 3 park may receive an additional annual incremental income tax deposit of up to $250,000.
Bill status
passed both
4 of 5 stages cleared
Introduction
Jan 2025
Committee Review
Apr 2025
Senate Passage
Feb 2025
House Passage
Apr 2025
Governor
Introduced Jan 13, 2025
Last action Apr 17, 2025
Maddy AI version diff · 2 comparisons
What changed between versions
Senate Bill (H)
→
Senate Bill (S)
·
3 edits
MINOR
The bill was engrossed and amended on April 10, 2025, with the most significant change being a substantial increase in the maximum annual incremental income tax deposit for Level 3 parks from $10,000 to $250,000. The bill also reflects updated legislative history showing it passed the House and was amended during the House Ways and Means Committee review.
Scope change
The bill's scope regarding tax incentives for certified technology parks remains unchanged, but the funding amount available for Level 3 parks has been significantly expanded.
FISCAL
Increased the maximum annual incremental income tax deposit for Level 3 parks from $10,000 to $250,000, substantially expanding available funding for these parks.
TIMELINE
Added House action dates showing the bill was read, amended, and passed by the House between March 3 and April 10, 2025.
TECHNICAL
Added House sponsors (Lindauer, Judy, Heine) and updated bill status from Senate Bill to Engrossed Senate Bill.
Floor votes · Senate Feb 20, 2025 · House Apr 15, 2025
How they voted
49–0
Passed · 1 other
Total votes 50
Feb 20, 2025
D
Democratic10
90% Yea
R
Republican40
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
16
Key actions
4
Committee
2
Apr 15, 2025
Lower · Passed
Third reading: passed; Roll Call 453: yeas 93, nays 2
lower
Apr 10, 2025
Lower · Passed
Committee report: amend do pass, adopted
lower
Feb 20, 2025
Upper · Passed
Third reading: passed; Roll Call 199: yeas 49, nays 0
upper
Feb 11, 2025
Upper · Passed
Committee report: amend do pass, adopted
upper
3 primary · 3 co-sponsors
Sponsors
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