SB 1592: Economic Development Subsidies
GENERAL BILL by Braynon ; (CO-INTRODUCERS) Rich ; Ring ; Sobel ; Gibson
Economic Development Subsidies; Providing a process for an applicant corporation to apply for an economic development subsidy using an application developed by the Department of Economic Opportunity; prohibiting a recipient corporation from receiving an economic development subsidy if the cost per job created exceeds a specified amount; requiring that property-taxing entities report property tax reductions and abatements to the department; providing that a recipient corporation that fails to meet certain standards is in default and must return the economic development subsidy to the granting body, etc.
Last Action: 3/9/2012 Senate - Died in Commerce and Tourism
Bill Text: Web Page | PDF
- Commerce and Tourism (CM)
- Budget (BC)
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Bill History
Date Chamber Action 1/6/2012 Senate • Filed
1/17/2012 Senate • Referred to Commerce and Tourism; Budget -SJ 220
• Introduced -SJ 220
3/9/2012 Senate • Died in Commerce and Tourism
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SB 1592, Original Filed Version (Current Bill Version) Posted 1/6/2012 at 11:59 AM
Bill Text: Web Page | PDF Analyses: None Related Bills (3)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 1335 Economic Development Jenne Compare Last Action: 3/9/2012 H Died in Business and Consumer Affairs Subcommittee
Location: In committee/council (BCAS)
H 1347 Corporate Transparency in the State Budget Randolph Compare Last Action: 3/9/2012 H Died in Business and Consumer Affairs Subcommittee
Location: In committee/council (BCAS)
S 1870 Corporate Transparency in the State Budget Rich Compare Last Action: 3/9/2012 S Died in Commerce and Tourism
Location: In committee/council (CM)