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Glossary of Legislative Terms

SB 1112: State Economic Enhancement and Development Trust Fund

GENERAL BILL by Brandes

State Economic Enhancement and Development Trust Fund; Requiring the Department of Economic Opportunity to retain funds appropriated for specified programs until performance requirements for incentives are submitted and verified; requiring the department to return certain unexpended funds to the State Treasury; creating the Quick Action Closing Fund Escrow Account within the State Economic Enhancement and Development Trust Fund; requiring the department to determine whether the account contains moneys from specified agreements or contracts that have terminated or expired or for which the applicant has not met performance conditions, etc.

Effective Date: 7/1/2017
 Last Action: 5/5/2017 Senate - Died in Commerce and Tourism
Bill Text: Web Page | PDF
Senate Committee References:
  1. Commerce and Tourism (CM)
  2. Appropriations Subcommittee on Transportation, Tourism, and Economic Development (ATD)
  3. Appropriations (AP)
  4. Rules (RC)


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Bill History

Date Chamber Action
2/21/2017 Senate • Filed
3/6/2017 Senate • Referred to Commerce and Tourism; Appropriations Subcommittee on Transportation, Tourism, and Economic Development; Appropriations; Rules -SJ 121
3/7/2017 Senate • Introduced -SJ 121
5/5/2017 Senate • Indefinitely postponed and withdrawn from consideration
• Died in Commerce and Tourism