Bill Summary

HB 821 Business Development Incentives for Veterans and Military Spouses (2025 Session)
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Sponsors
by Gantt Co Sponsors: Campbell
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Summary
Business Development Incentives for Veterans and Military Spouses: Defines "veteran-owned or military spouse-owned business"; provides for contracting preferences for such businesses; requires DOS to waive specified fees for certain businesses; provides eligibility requirements for fee waivers; provides specified tax exemptions for certain businesses; requires Department of Revenue to develop procedures for such exemptions; provides that such exemptions apply for specified period for certain businesses relocating to this state; establishes Veteran & Military Spouse Entrepreneurship Program in consultation with Department of Commerce; provides requirements for program; requires that certain businesses receive expedited processing for certain certifications. Effective Date: upon becoming a law
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committees of reference
ยป H Intergovernmental Affairs Subcommittee
   H Ways & Means Committee
   H State Affairs Committee
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Actions
02/20/25
HOUSE 
Filed
02/26/25
HOUSE 
Referred to Intergovernmental Affairs Subcommittee; Ways & Means Committee; State Affairs Committee
02/26/25
HOUSE 
Now in Intergovernmental Affairs Subcommittee
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bill text & filed amendments
0821
Filed on 02/20/25
PDF
No amendments to this bill text filed.
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Statute Citations
295.187
295.189
Research & Reports
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