Introduced by Sen. Tom Casperson (R) on February 7, 2017
To authorize giving ongoing cash subsidies to particular developers and business owners selected by state and local political appointees. Developers would get cash subsidies for up to 20 years based on the income tax paid by their employees and tenants. This bill authorizes construction period subsidies; see Senate Bills 111 and 112. Official Text and Analysis.
Referred to the Senate Economic Development and International Investment Committee on February 7, 2017
Referred to the House Tax Policy Committee on February 23, 2017
Reported in the House on April 26, 2017
Without amendment and with the recommendation that the bill pass.
Amendment offered by Rep. Jim Tedder (R) on May 3, 2017
To make the proposed law go into effect 45 days after it is enacted.
The amendment passed by voice vote in the House on May 3, 2017
Amendment offered by Rep. Martin Howrylak (R) on May 3, 2017
To tie-bar the bill to House Bill 4550, meaning this bill cannot become law unless that one does also. HB 4550 would require drug testing for business executives whose firms receive subsidies from the state.
The amendment failed by voice vote in the House on May 3, 2017