S04240Introduced in the Senate
Provides for the recovery of an economic development award in any case where a recipient relocates outside the state within five years of receiving such award; requires repayment of any such award shall be made pursuant to the timeframe specified in the award agreement.
Introduced by Kevin Parker, District 21
What does this bill do?
Plain-English breakdown
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Official description
Provides for the recovery of an economic development award in any case where a recipient relocates outside the state within five years of receiving such award; requires repayment of any such award shall be made pursuant to the timeframe specified in the award agreement.
Where it stands
COMMITTED TO RULES
June 5, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS
REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS
1ST REPORT CAL.1285
2ND REPORT CAL.
ADVANCED TO THIRD READING
COMMITTED TO RULES
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