HB1372 - 104th General Assembly (2025-2026)
SMALL BUSINESS INCENTIVES
Last Action
3/21/2025 - House: Rule 19(a) / Re-referred to Rules Committee
Statutes Amended In Order of Appearance
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 |