Legislative Session number- 87

Bill Name: SF1421

Relating to economic development; establishing the performance rewards on fast
investment today (PROFIT) program; defining certain terms; specifying business
application process; establishing certain requirements for businesses to receive
a PROFIT designation; requiring the commissioner of employment and economic
development to certify businesses meeting certain requirements as PROFIT
businesses, specifying eligibility of certain qualified PROFIT business for
certain tax benefits; specifying certain property, sales and use and motor
vehicle tax refund eligibility for qualified PROFIT businesses, appropriating
money
(me)