CS/HB 1387: State Economic Development Contracts
GENERAL BILL by Housing, Agriculture & Tourism Subcommittee ; Overdorf
State Economic Development Contracts; Requires employer to sign agreement with department before becoming eligible for economic development incentive; specifies provisions of agreement; provides applicability; authorizes persons & entities to report suspected violation to Attorney General within specified timeframe; requires Attorney General to determine whether violation has occurred; requires Attorney General to request certain information from employer alleged to be in violation; provides that refusal of such employer to provide such information is in violation of agreement; requires Attorney General to deliver his or her findings to such employer within specified timeframe; requires Attorney General to initiate proceedings to recover funds awarded to employer if employer is found to have violated agreement; provides that Attorney General'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.
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 |
