Rural and Urban Business Enterprises; Revising the purpose of the Department of Commerce; deleting the definition of the term “minority business enterprise”; establishing the Research, Innovation, Science, and Engineering (RISE) Investment Tax Credit Program within the Department of Commerce; requiring the department to authorize the Department of Revenue to issue tax credits to a qualifying private fund if certain requirements are met; requiring the department to issue a notice of revocation and recapture to the qualifying private fund and the Department of Revenue, etc.
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More on this bill
Where it stands
Introduced
Died
Looking ahead
No hearings or votes scheduled.
History
2025
Jun 16Died in Rules, companion bill(s) passed, see SB 2502 (Ch. 2025-199)Died
May 3Indefinitely postponed and withdrawn from considerationMajor
Apr 22CS/CS by Appropriations Committee on Transportation, Tourism, and Economic Development read 1st time