Legislation - SB0388

Title: Economic Development - Delivering Economic Competitiveness and Advancing Development Efforts (DECADE) Act
Sponsored by: The President (By Request - Administration) and Senators Augustine, Beidle, Brooks, Charles, Harris, Hettleman, King, Lam, and Love
Status: In the House - Hearing 4/02 at 1:00 p.m. (Ways and Means)
Analysis: Fiscal and Policy Note

Synopsis

Altering the designation, administration, and purposes of and eligibility for certain economic development programs; redesignating the Economic Development Opportunities Program Account to be the Strategic Closing Fund within the Department of Commerce; providing for certain requirements relating to the Small, Minority, and Women-Owned Business Account; providing that the sales and use tax does not apply to the sale of certain information technology services, digital codes, and digital products under certain circumstances; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media; Finance

Opposite:: Ways and Means; Economic Matters

Committee Testimony

Witness List

Details

Cross-filed with: HB0898

Introduced in a prior session as: SB0427 Session: 2025 Regular Session

Bill File Type: Regular

Effective Date(s): June 1, 2026, July 1, 2026

By Request of the Governor

History

Legislation History
Chamber Senate Calendar Date 1/27/2026 Legislative Date 1/27/2026 Action First Reading Budget and Taxation and Finance Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Economic Development - Delivering Economic Competitiveness and Advancing Development Efforts (DECADE) Act Proceedings
Chamber Senate Calendar Date 1/28/2026 Legislative Date 1/28/2026 Action Hearing 2/04 at 1:00 p.m. (Budget and Taxation) Proceedings
Chamber Senate Calendar Date 1/28/2026 Legislative Date 1/28/2026 Action Hearing canceled (Budget and Taxation) Proceedings
Chamber Senate Calendar Date 1/28/2026 Legislative Date 1/28/2026 Action Hearing 2/11 at 1:00 p.m. (Budget and Taxation) Proceedings
Chamber Senate Calendar Date 1/28/2026 Legislative Date 1/28/2026 Action Hearing canceled (Budget and Taxation) Proceedings
Chamber Senate Calendar Date 1/30/2026 Legislative Date 1/30/2026 Action Hearing 2/18 at 1:00 p.m. (Budget and Taxation) Proceedings
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Budget and Taxation Proceedings Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Vote - Senate - Committee - Finance Proceedings Click to view Recorded Media
Chamber Senate Calendar Date 3/20/2026 Legislative Date 3/20/2026 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/20/2026 Legislative Date 3/05/2026 Action Favorable with Amendments {103823/1 Adopted Proceedings 44 Click to view Recorded Media
Chamber Senate Calendar Date 3/20/2026 Legislative Date 3/05/2026 Action Second Reading Passed with Amendments Proceedings 44 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Economic Development - Delivering Economic Competitiveness and Advancing Development Efforts (DECADE) Act Proceedings
Chamber Senate Calendar Date 3/23/2026 Legislative Date 3/06/2026 Action Third Reading Passed (43-0) Proceedings 45 Click to view Recorded Media
Chamber House Calendar Date 3/24/2026 Legislative Date 3/11/2026 Action Referred Ways and Means Economic Matters Proceedings 48AClick to view Recorded Media
Chamber House Calendar Date 3/25/2026 Legislative Date 3/25/2026 Action Hearing 4/02 at 1:00 p.m. (Ways and Means) Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/27/2026	1/27/2026	First Reading Budget and Taxation and Finance
			Text - First - Economic Development - Delivering Economic Competitiveness and Advancing Development Efforts (DECADE) Act
Senate	1/28/2026	1/28/2026	Hearing 2/04 at 1:00 p.m. (Budget and Taxation)
Senate	1/28/2026	1/28/2026	Hearing canceled (Budget and Taxation)
Senate	1/28/2026	1/28/2026	Hearing 2/11 at 1:00 p.m. (Budget and Taxation)
Senate	1/28/2026	1/28/2026	Hearing canceled (Budget and Taxation)
Senate	1/30/2026	1/30/2026	Hearing 2/18 at 1:00 p.m. (Budget and Taxation)
			Vote - Senate - Committee - Budget and Taxation	Click to view Recorded Media
			Vote - Senate - Committee - Finance	Click to view Recorded Media
Senate	3/20/2026	3/20/2026	Favorable with Amendments Report by Budget and Taxation
Senate	3/20/2026	3/05/2026	Favorable with Amendments {103823/1 Adopted	44 Click to view Recorded Media
Senate	3/20/2026	3/05/2026	Second Reading Passed with Amendments	44 Click to view Recorded Media
			Text - Third - Economic Development - Delivering Economic Competitiveness and Advancing Development Efforts (DECADE) Act
Senate	3/23/2026	3/06/2026	Third Reading Passed (43-0)	45 Click to view Recorded Media
House	3/24/2026	3/11/2026	Referred Ways and Means Economic Matters	48AClick to view Recorded Media
House	3/25/2026	3/25/2026	Hearing 4/02 at 1:00 p.m. (Ways and Means)

File Code

Subjects

Statutes

Article - Economic Development

( 10-101, 10-137, 10-138, 10-139 through 10-146, 10-149 through 10-155, 10-156, 10-470, 1-101, 12-201, 2.5-109, 5-102, 5-108, 5-1401, 5-1501, 5-2301, 5-301, 5-310, 5-311, 5-319, 5-320, 5-323, 5-324, 5-325, 5-501, 5-502, 5-505, 5-509, 5-511, 5-515, 5-517, 5-518, 5-519 through 5-523, 5-524 through 5-528, 5-529, 5-530, 5-533, 5-534, 5-535 through 5-538, 5-539 through 5-543, 5-544, 5-545, 5-546, 5-549 through 5-551, 5-552, 5-553, 5-554, 5-555 through 5-558, 5-559, 5-561, 5-562, 5-563 through 5-565, 5-566 through 5-575, 6-309 )