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Glossary of Legislative Terms

CS/CS/SB 1150: New Markets Development Program

GENERAL BILL by Budget Subcommittee on Finance and Tax ; Commerce and Tourism ; Richter ; (CO-INTRODUCERS) Bennett ; Lynn ; Detert ; Gibson

New Markets Development Program; Revising limits on tax credits that may be claimed by qualified community development entities under the program; revising restrictions on a qualified community development entity’s making of cash interest payments on certain long-term debt securities, etc.

Effective Date: 7/1/2012
 Last Action: 3/9/2012 Senate - Died on Calendar, companion bill(s) passed, see HB 7087 (Ch. 2012-32)
Bill Text: Web Page | PDF
Senate Committee References:
  1. Commerce and Tourism (CM)
  2. Budget Subcommittee on Finance and Tax (BFT)
  3. Budget (BC)


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Bill History

Date Chamber Action
12/6/2011 Senate • Filed
1/10/2012 Senate • Referred to Commerce and Tourism; Budget -SJ 93
• Introduced -SJ 963
1/13/2012 Senate • On Committee agenda-- Commerce and Tourism, 01/19/12, 8:00 am, 401 Senate Office Building
1/19/2012 Senate • CS by Commerce and Tourism; YEAS 6 NAYS 0 -SJ 252
1/20/2012 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
• CS by Commerce and Tourism read 1st time -SJ 257
1/25/2012 Senate • Now in Budget -SJ 252
• Subreferred to Budget Subcommittee on Finance and Tax -SJ 282
• Now in Budget Subcommittee on Finance and Tax
2/6/2012 Senate • On Committee agenda-- Budget Subcommittee on Finance and Tax, 02/09/12, 9:00 am, 301 Senate Office Building
2/9/2012 Senate • CS/CS by Budget Subcommittee on Finance and Tax; YEAS 5 NAYS 0 -SJ 484
• Now in Budget -SJ 484
• CS/CS by Budget Subcommittee on Finance and Tax read 1st time -SJ 486
2/16/2012 Senate • On Committee agenda-- Budget, 02/21/12, 3:45 pm, 412 Knott Building
2/21/2012 Senate • Favorable by- Budget; YEAS 20 NAYS 0 -SJ 671
2/22/2012 Senate • Pending reference review -under Rule 4.7(2) - (Committee Substitute)
• Placed on Calendar, on 2nd reading -SJ 671
3/9/2012 Senate • Died on Calendar, companion bill(s) passed, see HB 7087 (Ch. 2012-32)