Bill Summary

HB 1387 State Economic Development Contracts (2026 Session)
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Sponsors
by Overdorf
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Summary
State Economic Development Contracts: Provides requirements for employer to be eligible for economic development incentive; provides procedures for handling suspected violations of specified provisions & for recovery of funds upon finding of violation; provides applicability; requires that Department of Commerce enter into separate agreement with recipient of economic development incentive to allow department to recover funds if recipient fails to comply with section; provides requirements for such agreements. Effective Date: July 1, 2026
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committees of reference
» H Housing, Agriculture & Tourism Subcommittee
   H Transportation & Economic Development Budget Subcommittee
   H Commerce Committee
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Actions
01/09/26
HOUSE 
Filed
01/15/26
HOUSE 
Referred to Housing, Agriculture & Tourism Subcommittee; Transportation & Economic Development Budget Subcommittee; Commerce Committee
01/15/26
HOUSE 
Now in Housing, Agriculture & Tourism Subcommittee
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bill text & filed amendments
1387
Filed on 01/09/26
PDF
No amendments to this bill text filed.
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Statute Citations
288.0615
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