S00220Introduced in the Senate
Authorizes recoupment by the state or any political subdivision of financial incentives such as awards, loans, grants or tax abatements, awarded businesses for purposes of job training, job creation or retention, or the development of business operations, upon recipient's failure to complete the terms of the incentive.
Introduced by Sean Ryan, District 61
What does this bill do?
Plain-English breakdown
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Official description
Authorizes recoupment by the state or any political subdivision of financial incentives such as awards, loans, grants or tax abatements, awarded businesses for purposes of job training, job creation or retention, or the development of business operations, upon recipient's failure to complete the terms of the incentive.
Where it stands
REFERRED TO FINANCE
January 8, 2025
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
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Bill history
REFERRED TO FINANCE
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