SB 2816: DBEDT; DOTAX; ENTERPRISE ZONES; ELIGIBLE BUSINESS ACTIVITY; INNOVATION ENTERPRISES; COMPREHENSIVE REVIEW; REPORT
- Session Year: 2025-2026
- House: Senate
- Latest Version Date: 2026-03-23
Current Status:
In Progress
(2026-04-23: Received notice of Senate conferees (Sen. Com. No. 739).)
Introduced
In Committee
First Chamber
In Committee
Second Chamber
Final Decking
Enacted
Expands the definition of "eligible business activity" for the purposes of the Enterprise Zone Program to include certain research and development activities and information technology design and production services. Authorizes the Department of Business, Economic Development, and Tourism to declare up to two census tracts in the State that contain an innovation enterprise to be designated as an enterprise zone, subject to the Governor's approval. Requires DBEDT to conduct an in-house comprehensive review, in consultation with the Department of Taxation, of the State Enterprise Zones Program and requires a report to the Legislature. Effective 7/1/3000. (HD1)
Discussed in Hearing
2MINHouse Standing Committee on Economic Development & Technology
39SECHouse Standing Committee on Economic Development & Technology
13SECSenate Standing Committee on Judiciary
13SECSenate Standing Committee on Ways and Means
6MINSenate Standing Committee on Education
6MINSenate Standing Committee on Government Operations
6MINSenate Standing Committee on Economic Development and Tourism
6MIN