Bill Status of HB1372

  1. Home
  2. Legislation
  3. Bill Status

HB1372 - 104th General Assembly

SMALL BUSINESS INCENTIVES
Last Action
3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
House Sponsors
Rep. Kimberly Du Buclet and Martin McLaughlin
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
1/15/2025 House Filed with the Clerk by Rep. Kimberly Du Buclet
1/28/2025 House First Reading
1/28/2025 House Referred to Rules Committee
2/11/2025 House Assigned to Small Business, Technology Innovation, and Entrepreneurship Committee
3/17/2025 House Added Co-Sponsor Rep. Martin McLaughlin
3/21/2025 House Rule 19(a) / Re-referred to Rules Committee