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CS/CS/SB 446: Economic Development Incentive Application Process

GENERAL BILL by Appropriations ; Commerce and Tourism ; Hukill

Economic Development Incentive Application Process; Requiring an applicant to provide a surety bond to the Department of Economic Opportunity before the applicant receives incentive awards through the Quick Action Closing Fund or the Innovation Incentive Program; requiring the contract or agreement to provide that the bond remain in effect until all conditions have been satisfied; providing that the department may require the bond to cover the entire contracted amount or allow for bonds to be renewed upon completion of certain performance measures; providing for a waiver of the surety bond or other security if certain information is provided and the department determines it to be in the best interest of the state, etc.

Effective Date: 7/1/2013
Last Action: 5/3/2013 House - Died in Messages
Bill Text: Web Page | PDF
Senate Committee References:
  1. Commerce and Tourism (CM)
  2. Appropriations Subcommittee on Transportation, Tourism, and Economic Development (ATD)
  3. Appropriations (AP)

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  • Bill History

    Date Chamber Action
    1/24/2013 Senate • Filed
    1/28/2013 Senate • Referred to Commerce and Tourism; Appropriations Subcommittee on Transportation, Tourism, and Economic Development; Appropriations -SJ 35
    2/25/2013 Senate • On Committee agenda-- Commerce and Tourism, 03/04/13, 3:30 pm, 110 Senate Office Building
    3/4/2013 Senate • CS by Commerce and Tourism; YEAS 10 NAYS 1 -SJ 157
    3/5/2013 Senate • Introduced -SJ 35
    3/6/2013 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    3/7/2013 Senate • Now in Appropriations Subcommittee on Transportation, Tourism, and Economic Development -SJ 157
    • CS by Commerce and Tourism read 1st time -SJ 186
    3/15/2013 Senate • On Committee agenda-- Appropriations Subcommittee on Transportation, Tourism, and Economic Development, 03/20/13, 9:00 am, 110 Senate Office Building
    3/20/2013 Senate • Subcommittee Recommendation: Favorable by Appropriations Subcommittee on Transportation, Tourism, and Economic Development; YEAS 11 NAYS 0 -SJ 241
    • Now in Appropriations -SJ 241
    4/15/2013 Senate • On Committee agenda-- Appropriations, 04/18/13, 9:00 am, 412 Knott Building
    4/18/2013 Senate • CS/CS by- Appropriations; YEAS 15 NAYS 0 -SJ 481
    4/22/2013 Senate • Pending reference review -under Rule 4.7(2) - (Committee Substitute)
    • Placed on Calendar, on 2nd reading -SJ 481
    4/23/2013 Senate • CS/CS by Appropriations read 1st time -SJ 483
    4/29/2013 Senate • Placed on Special Order Calendar, 05/01/13
    5/1/2013 Senate • Read 2nd time -SJ 947
    • Placed on 3rd reading
    5/2/2013 Senate • Read 3rd time -SJ 1011
    • CS passed; YEAS 38 NAYS 0 -SJ 1012
    5/2/2013 House • In Messages
    5/3/2013 House • Died in Messages

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  • CS/CS/SB 446, Committee Substitute 2 (Current Bill Version) Posted 4/22/2013 at 8:30 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1024 (c2) Department of Economic Opportunity Commerce and Tourism Compare Last Action: 5/1/2013 S Laid on Table, companion bill(s) passed, see CS/CS/HB 7007 (Ch. 2013-39), CS/SB 406 (Ch. 2013-42) -SJ 965
    Location: Laid on Table

    Floor Votes (1)

    Date Chamber Result
    5/2/2013 1:59 PM Senate 38 Yeas - 0 Nays

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    288.061 Economic development incentive application process. Page 2 (pdf)

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  • CS/SB 446, Committee Substitute 1 Posted 3/6/2013 at 11:25 AM

    Bill Text:   Web Page | PDF
    Analyses:   Appropriations Subcommittee on Transportation, Tourism, and Economic Development (Post-Meeting) 3/20/2013 (pdf)
    Appropriations (Pre-Meeting) 4/16/2013 (pdf)
    Appropriations (Post-Meeting) 4/21/2013 (pdf)

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    752992 - Amendment
    Delete lines 181 - 182 and insert:
    Appropriations
    (Hukill)
    4/15/2013
    10:05 PM
    Replaced by Committee Substitute
    4/21/2013
    Web Page
    PDF

    Committee Votes (2)

    Date Committee Result
    3/20/2013 9:00 AM Appropriations Subcommittee on Transportation, Tourism, and Economic Development 11 Yeas - 0 Nays
    4/18/2013 9:00 AM Appropriations 15 Yeas - 0 Nays

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    288.061 Economic development incentive application process. Page 2 (pdf)

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  • SB 446, Original Filed Version Posted 1/24/2013 at 9:29 AM

    Bill Text:   Web Page | PDF
    Analyses:   Commerce and Tourism (Pre-Meeting) 3/6/2013 (pdf)
    Commerce and Tourism (Post-Meeting) 3/6/2013 (pdf)

    Committee Amendments (3)

    Amendment Sponsor Filed Last Committee Action Format
    229808 - Amendment
    Delete lines 65 - 90 and insert:
    Commerce and Tourism
    (Hukill)
    3/1/2013
    3:35 PM
    Replaced by Committee Substitute
    3/4/2013
    Web Page
    PDF
    730660 - Amendment
    Delete lines 121 - 132 and insert:
    Commerce and Tourism
    (Hukill)
    3/1/2013
    3:35 PM
    Replaced by Committee Substitute
    3/4/2013
    Web Page
    PDF
    453694 - Amendment
    Between lines 151 and 152 insert:
    Commerce and Tourism
    (Hukill)
    3/1/2013
    3:36 PM
    Replaced by Committee Substitute
    3/4/2013
    Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    3/4/2013 3:30 PM Commerce and Tourism 10 Yeas - 1 Nays

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    288.061 Economic development incentive application process. Page 2 (pdf)

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