SB3067 - 104th General Assembly (2025-2026)
NEW MARKETS-CREDITS
Last Action
2/10/2026 - Senate: Assigned to Revenue
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the New Markets Development Program Act. Provides that a credit under the Act may be transferred to an affiliate. Provides that the cap on credits is $37,000,000 for fiscal years beginning on or after July 1, 2029. Makes changes concerning the allocation schedule. Effective immediately.
Actions
| Date | Chamber | Action |
|---|---|---|
| 1/29/2026 | Senate | Filed with Secretary by Sen. Christopher Belt |
| 1/29/2026 | Senate | First Reading |
| 1/29/2026 | Senate | Referred to Assignments |
| 2/10/2026 | Senate | Assigned to Revenue |
| 2/25/2026 | Senate | Added as Co-Sponsor Sen. John F. Curran |
| 2/25/2026 | Senate | Added as Co-Sponsor Sen. David Koehler |
| 2/26/2026 | Senate | Added as Co-Sponsor Sen. Donald P. DeWitte |
| 3/10/2026 | Senate | Added as Co-Sponsor Sen. Javier L. Cervantes |
| 3/13/2026 | Senate | Rule 2-10 Committee Deadline Established As April 24, 2026 |