Bill Status of SB 2005   104th General Assembly

Short Description:  SMALL BUSINESS INCENTIVES

Senate Sponsors
Sen. Laura M. Murphy-Willie Preston, Adriane Johnson, Mattie Hunter, Laura Fine and Bill Cunningham

Last Action  View All Actions

DateChamber Action
  6/2/2025SenateRule 3-9(a) / Re-referred to Assignments

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 
DateChamber Action
  2/6/2025SenateFiled with Secretary by Sen. Laura M. Murphy
  2/6/2025SenateFirst Reading
  2/6/2025SenateReferred to Assignments
  2/13/2025SenateAdded as Chief Co-Sponsor Sen. Willie Preston
  2/14/2025SenateAdded as Co-Sponsor Sen. Adriane Johnson
  2/21/2025SenateAdded as Co-Sponsor Sen. Mattie Hunter
  2/24/2025SenateAdded as Co-Sponsor Sen. Laura Fine
  2/25/2025SenateAssigned to Appropriations
  3/5/2025SenateAdded as Co-Sponsor Sen. Bill Cunningham
  3/21/2025SenateRule 2-10 Committee Deadline Established As April 11, 2025
  4/11/2025SenateRule 2-10 Committee Deadline Established As May 9, 2025
  5/9/2025SenateRule 2-10 Committee/3rd Reading Deadline Established As May 23, 2025
  5/23/2025SenateRule 2-10 Committee/3rd Reading Deadline Established As June 1, 2025
  6/2/2025SenateRule 3-9(a) / Re-referred to Assignments

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