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CS/HB 7069: Economic Development Tax Refund Programs

GENERAL BILL by Appropriations Committee ; Economic Affairs Committee ; Hukill ; (CO-INTRODUCERS) Coley

Economic Development Tax Refund Programs; Deletes certain limits on amounts of tax refunds that may be received by qualified applicants under qualified defense contractor & space flight business tax refund program & qualified target industry (QTI) businesses under tax refund program for such businesses; authorizes reduction of local financial support requirements for QTI businesses in specified county; requires that reduction of local financial support requirements be provided from funds in specified account of Economic Development Trust Fund; limits amount of funds provided from account for any annual tax refund for QTI business.

Effective Date: 7/1/2012
Last Action: 3/9/2012 Senate - Died in Military Affairs, Space, and Domestic Security
Bill Text: PDF
Senate Committee References:
  1. Military Affairs, Space, and Domestic Security (MS)
  2. Community Affairs (CA)
  3. Budget Subcommittee on Finance and Tax (BFT)
  4. Budget (BC)



Bill History

Date Chamber Action
1/25/2012 House • Filed
• Introduced -HJ 277
1/26/2012 House • Referred to Appropriations Committee -HJ 298
2/13/2012 House • On Committee agenda-- Appropriations Committee, 02/15/12, 8:00 am, Webster Hall
2/15/2012 House • CS by- Appropriations Committee; YEAS 20 NAYS 0 -HJ 670
2/16/2012 House • Pending review of CS -under Rule 7.19(c)
• CS by Appropriations Committee read 1st time -HJ 667
2/17/2012 House • Placed on Calendar -HJ 682
2/20/2012 House • Placed on Special Order Calendar, 02/22/12
2/22/2012 House • Read 2nd time -HJ 702
• Amendment(s) adopted (814129) -HJ 702
• Placed on 3rd reading
2/23/2012 House • Read 3rd time -HJ 751
• CS passed as amended; YEAS 110 NAYS 6 -HJ 751
2/24/2012 Senate • In Messages
3/5/2012 Senate • Received -SJ 864
• Referred to Military Affairs, Space, and Domestic Security; Community Affairs; Budget Subcommittee on Finance and Tax; Budget -SJ 864
3/9/2012 Senate • Died in Military Affairs, Space, and Domestic Security