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HB 1387: State Economic Development Contracts

GENERAL BILL by Overdorf

State Economic Development Contracts; Provides requirements for employer to be eligible for economic development incentive; provides procedures for handling suspected violations of specified provisions & for recovery of funds upon finding of violation; provides applicability; requires that Department of Commerce enter into separate agreement with recipient of economic development incentive to allow department to recover funds if recipient fails to comply with section; provides requirements for such agreements.

Effective Date: 7/1/2026
Last Action: 1/9/2026 House - Filed
Bill Text: PDF

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