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Glossary of Legislative Terms

SB 1870: Corporate Transparency in the State Budget

GENERAL BILL by Rich

Corporate Transparency in the State Budget; Citing this act as the “Corporate Transparency in the State Budget Act”; requiring each granting body and applicant for a development subsidy to complete an application on a form prepared by the Department of Economic Opportunity; authorizing the Auditor General to conduct an audit of contractor performance under a contract entered into with a state contracting agency; requiring the Department of Economic Opportunity to compile data concerning annual contracts and to report the data to the Governor and Legislature; requiring each property taxing entity to submit an annual report for a property receiving tax abatement or reduction during the fiscal year to the Department of Economic Opportunity, etc.

Effective Date: 7/1/2012
 Last Action: 3/9/2012 Senate - Died in Commerce and Tourism
Bill Text: Web Page | PDF
Senate Committee References:
  1. Commerce and Tourism (CM)
  2. Governmental Oversight and Accountability (GO)
  3. Budget (BC)


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Bill History

Date Chamber Action
1/9/2012 Senate • Filed
1/17/2012 Senate • Referred to Commerce and Tourism; Governmental Oversight and Accountability; Budget -SJ 243
• Introduced -SJ 243
3/9/2012 Senate • Died in Commerce and Tourism