Bill Status of SB2005

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SB2005 - 104th General Assembly

SMALL BUSINESS INCENTIVES
Last Action
6/02/2025 - Senate: Rule 3-9(a) / Re-referred to Assignments
Statutes Amended In Order of Appearance
New Act
Synopsis As Introduced
Creates the Small Business Economic Incentive Act. Provides that at least 50% of the dollar value of all economic incentives awarded to businesses by the State or by any State agency on or after January 1, 2026 shall be awarded to businesses with 50 or fewer full-time employees. Effective January 1, 2026.
Actions
Date Chamber Action
2/06/2025 Senate Filed with Secretary by Sen. Laura M. Murphy
2/06/2025 Senate First Reading
2/06/2025 Senate Referred to Assignments
2/13/2025 Senate Added as Chief Co-Sponsor Sen. Willie Preston
2/14/2025 Senate Added as Co-Sponsor Sen. Adriane Johnson
2/21/2025 Senate Added as Co-Sponsor Sen. Mattie Hunter
2/24/2025 Senate Added as Co-Sponsor Sen. Laura Fine
2/25/2025 Senate Assigned to Appropriations
3/05/2025 Senate Added as Co-Sponsor Sen. Bill Cunningham
3/21/2025 Senate Rule 2-10 Committee Deadline Established As April 11, 2025
4/11/2025 Senate Rule 2-10 Committee Deadline Established As May 9, 2025
5/09/2025 Senate Rule 2-10 Committee/3rd Reading Deadline Established As May 23, 2025
5/23/2025 Senate Rule 2-10 Committee/3rd Reading Deadline Established As June 1, 2025
6/02/2025 Senate Rule 3-9(a) / Re-referred to Assignments