CS/CS/SB 1150 (2012) -  New Markets Development Program

General Bill by Budget Subcommittee on Finance and Tax and Commerce and Tourism and Richter (CO-SPONSORS) Bennett; Lynn; Detert; Gibson
New Markets Development Program: Revising limits on tax credits that may be claimed by qualified community development entities under the program; revising restrictions on a qualified community development entity’s making of cash interest payments on certain long-term debt securities, etc.
Effective Date: 07/01/2012
Last Event: 03/09/12 S Died on Calendar, companion bill(s) passed, see HB 7087 (Ch. 2012-32) on Friday, March 9, 2012 11:59 PM

Referred Committees and Committee Actions

Senate Referrals

  • Commerce and Tourism
    • On agenda for: 01/19/12 8:00 AM
    • Favorable With Committee Substitute (final action) Votes: Yeas 6   Nays 0
  • Budget Subcommittee on Finance and Tax
    • On agenda for: 02/09/12 9:00 AM
    • Favorable With Committee Substitute (final action) Votes: Yeas 5   Nays 0
  • Budget
    • On agenda for: 02/21/12 3:45 PM
    • Favorable (final action) Votes: Yeas 20   Nays 0

Related Bills

Bill # Subject Relationship
Bill #: CS/CS/HB 1119 Subject: New Markets Development Program Relationship: Identical
Bill #: HB 7087 Subject: Economic Development Relationship: Compare

Bill Text

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Budget 2/21/2012 8:36:33 PM
Chamber: Senate Committee: Budget 2/20/2012 4:05:22 PM
Chamber: Senate Committee: Budget Subcommittee on Finance and Tax 2/13/2012 1:06:22 PM
Chamber: Senate Committee: Budget Subcommittee on Finance and Tax 2/8/2012 8:36:03 AM
Chamber: Senate Committee: Commerce and Tourism 1/24/2012 1:18:31 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Died on Calendar, companion bill(s) passed, see HB 7087 (Ch. 2012-32) Time: 03/09/2012 - 11:59 PM Member: Committee: Version: c2
Event: S Placed on Calendar, on 2nd reading -SJ 671 Time: 02/22/2012 - 1:20 PM Member: Committee: Version: c2
Event: S Pending reference review -under Rule 4.7(2) - (Committee Substitute) Time: 02/22/2012 - 8:55 AM Member: Committee: Version: c2
Event: S Favorable by- Budget; YEAS 20 NAYS 0 -SJ 671 Time: 02/21/2012 - 7:37 PM Member: Committee: Version: c2
Event: S On Committee agenda-- Budget, 02/21/12, 3:45 pm, 412 Knott Building Time: 02/16/2012 - 5:50 PM Member: Committee: Version: c2
Event: S CS/CS by Budget Subcommittee on Finance and Tax read 1st time -SJ 486 Time: 02/09/2012 - 8:32 PM Member: Committee: Version: c2
Event: S Now in Budget -SJ 484 Time: 02/09/2012 - 12:28 PM Member: Committee: Version: c2
Event: S CS/CS by Budget Subcommittee on Finance and Tax; YEAS 5 NAYS 0 -SJ 484 Time: 02/09/2012 - 9:32 AM Member: Committee: Version: c1
Event: S On Committee agenda-- Budget Subcommittee on Finance and Tax, 02/09/12, 9:00 am, 301 Senate Office Building Time: 02/06/2012 - 4:47 PM Member: Committee: Version: c1
Event: S Now in Budget Subcommittee on Finance and Tax Time: 01/25/2012 - 12:45 PM Member: Committee: Version: c1
Event: S Subreferred to Budget Subcommittee on Finance and Tax -SJ 282 Time: 01/25/2012 - 12:44 PM Member: Committee: Version: c1
Event: S Now in Budget -SJ 252 Time: 01/25/2012 - 8:58 AM Member: Committee: Version: c1
Event: S CS by Commerce and Tourism read 1st time -SJ 257 Time: 01/20/2012 - 3:54 PM Member: Committee: Version: c1
Event: S Pending reference review under Rule 4.7(2) - (Committee Substitute) Time: 01/20/2012 - 8:41 AM Member: Committee: Version: c1
Event: S CS by Commerce and Tourism; YEAS 6 NAYS 0 -SJ 252 Time: 01/19/2012 - 11:51 AM Member: Committee: Version: __
Event: S On Committee agenda-- Commerce and Tourism, 01/19/12, 8:00 am, 401 Senate Office Building Time: 01/13/2012 - 11:47 AM Member: Committee: Version: __
Event: S Introduced -SJ 963 Time: 01/10/2012 - 4:52 PM Member: Committee: Version: __
Event: S Referred to Commerce and Tourism; Budget -SJ 93 Time: 01/10/2012 - 4:22 PM Member: Committee: Version: __
Event: S Filed Time: 12/06/2011 - 9:19 AM Member: Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
288.9914 CS/CS/HB 1119, HB 7087*
288.9915 CS/CS/HB 1119, HB 7087*

(*) Not the latest version