Introduced by Sen. Dale W. Zorn (R) on January 13, 2021
To give tax breaks equal to 50% of their state business tax liability by certain developers and business owners selected by political appointees on the board of a state Strategic Fund agency. If the tax break exceeded the firm’s tax liability the difference could be applied to future tax bills for up to 10 years. Official Text and Analysis.
Referred to the Senate Finance Committee on January 13, 2021