SB 2005
Small business incentives
Small Business Incentives
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- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
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.
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Primary sponsor
Laura M. Murphy
Cosponsors
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