SB 125: RELATING TO STATE ENTERPRISE ZONES.

Session Year: 2025-2026
House: Senate

Current Status:

In Progress

(2025-12-08: Carried over to 2026 Regular Session.)

Introduced

First Committee Review

First Chamber

Second Committee Review

Second Chamber

Final Decking

Enacted

Version:

Extends the eligibility period of the State business tax credit and general excise tax exemption for qualified businesses within State Enterprise Zones from seven years to nine years. Extends the eligibility period of the State business tax credit and general excise tax exemption for qualified businesses within State Enterprise Zones engaged in the manufacturing of tangible personal property or the producing or processing of agricultural products from ten years to twelve years. Applies to taxable years beginning after 12/31/2025.

Discussed in Hearing