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HB 5401: Economic Development

GENERAL BILL by Transportation and Economic Development Appropriations Subcommittee ; Ingram

Economic Development; Revises requirements regarding application, review, & approval of economic development incentives including Capital Investment Tax Credit, defense contractor & space flight business tax refund program, qualified target industry program, high-impact businesses, Quick Action Closing Fund, & Innovation Incentive Program. APPROPRIATION: $23,800,000

Effective Date: 7/1/2015
Last Action: 4/28/2015 House - Died on Calendar
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    3/16/2015 House • Filed
    3/17/2015 House • Introduced -HJ 246
    3/19/2015 House • Referred to Appropriations Committee -HJ 274
    3/23/2015 House • On Committee agenda-- Appropriations Committee, 03/25/15, 12:00 pm, Webster Hall
    3/25/2015 House • Favorable by- Appropriations Committee; YEAS 26 NAYS 1 -HJ 329
    • Placed on Calendar -HJ 329
    3/30/2015 House • Placed on Special Order Calendar, 04/01/15
    4/1/2015 House • Temporarily postponed, on 2nd Reading -HJ 358
    4/28/2015 House • Died on Calendar

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  • HB 5401, Original Filed Version (Current Bill Version) Posted 3/16/2015 at 5:48 PM

    Bill Text:   PDF
    Analyses:   Appropriations Committee (Post-Meeting) 3/25/2015 (pdf)

    Related Bills (4)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 5001 General Appropriations Act Appropriations Committee Compare Last Action: 4/2/2015 H Laid on Table -HJ 422
    Location: Laid on Table
    H 7067 (e1) Economic Development Economic Development and Tourism Subcommittee Compare Last Action: 5/1/2015 S Died in Commerce and Tourism
    Location: In committee/council (CM)
    S 1214 (c1) Economic Development Latvala Compare Last Action: 5/1/2015 S Died on Calendar, companion bill(s) passed, see CS/CS/SB 1216 (Ch. 2015-30)
    Location: On 2nd Reading Calendar
    S 2500 (e1) Appropriations Appropriations Compare Last Action: 5/1/2015 S Died in returning Messages
    Location: In returning messages from House

    Citations - Statutes (11)

    Citation Catchline Location in Bill Location In Bill Help
    196.012 Definitions. Page 60 (pdf)
    220.191 Capital investment tax credit. Page 3 (pdf)
    288.005 Definitions. Page 4 (pdf)
    288.061 Economic development incentive application process. Page 4 (pdf)
    288.076 Return on investment reporting for economic development programs. Page 9 (pdf)
    288.095 Economic Development Trust Fund. Page 10 (pdf)
    288.1045 Qualified defense contractor and space flight business tax refund program. Page 11 (pdf)
    288.106 Tax refund program for qualified target industry businesses. Page 25 (pdf)
    288.108 High-impact business. Page 40 (pdf)
    288.1088 Quick Action Closing Fund. Page 44 (pdf)
    288.1089 Innovation Incentive Program. Page 49 (pdf)

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