CS/CS/HB 1387: State Economic Development Contracts
GENERAL BILL by Commerce Committee ; Housing, Agriculture & Tourism Subcommittee ; Overdorf
State Economic Development Contracts; Provides short title; defines; requires employer to sign agreement with Department of Commerce before becoming eligible for economic development incentive; specifies provisions of agreement; provides applicability; authorizes persons & entities to report suspected violation to department within specified timeframe; requires department to determine whether violation has occurred; requires department to deliver written notice to Attorney General; requires Attorney General to request certain information from employer alleged to be in violation; requires Attorney General to initiate proceedings to recover funds awarded to employer if employer is found to have violated agreement; provides that department's findings are final; requires department to execute separate written agreement with recipient of economic development incentive before department awards incentive; specifies contents of separate agreement; provides effective periods of separate agreement.
Last Action: 2/26/2026 House - Added to Second Reading Calendar
Bill Text: PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/9/2026 | House |
• Filed |
| 1/13/2026 | House |
• 1st Reading (Original Filed Version) |
| 1/15/2026 | House |
• Referred to Housing, Agriculture & Tourism Subcommittee • Referred to Transportation & Economic Development Budget Subcommittee • Referred to Commerce Committee • Now in Housing, Agriculture & Tourism Subcommittee |
| 2/3/2026 | House |
• Added to Housing, Agriculture & Tourism Subcommittee agenda |
| 2/5/2026 | House |
• Favorable with CS by Housing, Agriculture & Tourism Subcommittee |
| 2/6/2026 | House |
• Reported out of Housing, Agriculture & Tourism Subcommittee • Laid on Table under Rule 7.18(a) • CS Filed |
| 2/9/2026 | House |
• 1st Reading (Committee Substitute 1) • Referred to Transportation & Economic Development Budget Subcommittee • Referred to Commerce Committee • Now in Transportation & Economic Development Budget Subcommittee |
| 2/10/2026 | House |
• Added to Transportation & Economic Development Budget Subcommittee agenda |
| 2/12/2026 | House |
• Favorable by Transportation & Economic Development Budget Subcommittee • Reported out of Transportation & Economic Development Budget Subcommittee • Now in Commerce Committee |
| 2/20/2026 | House |
• Added to Commerce Committee agenda |
| 2/24/2026 | House |
• Favorable with CS by Commerce Committee |
| 2/25/2026 | House |
• Reported out of Commerce Committee • Laid on Table under Rule 7.18(a) • CS Filed • Bill referred to House Calendar • 1st Reading (Committee Substitute 2) |
| 2/26/2026 | House |
• Added to Second Reading Calendar |
