SB2005Introduced in the Senate
SMALL BUSINESS INCENTIVES
Introduced by Laura Murphy, District 28
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
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.
Where it stands
Rule 3-9(a) / Re-referred to Assignments
June 2, 2025
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
Bill history
Filed with Secretary by Sen. Laura M. Murphy
First Reading
Referred to Assignments
Added as Chief Co-Sponsor Sen. Willie Preston
Added as Co-Sponsor Sen. Adriane L. Johnson
Added as Co-Sponsor Sen. Mattie Hunter
Added as Co-Sponsor Sen. Laura Fine
Assigned to Appropriations
Added as Co-Sponsor Sen. Bill Cunningham
Rule 2-10 Committee Deadline Established As April 11, 2025
Rule 2-10 Committee Deadline Established As May 9, 2025
Rule 2-10 Committee/3rd Reading Deadline Established As May 23, 2025
Rule 2-10 Committee/3rd Reading Deadline Established As June 1, 2025
Rule 3-9(a) / Re-referred to Assignments
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