TO CREATE A MODERNIZATION AND AUTOMATION TAX CREDIT TO ENCOURAGE INVESTMENT BY EXISTING BUSINESSES WITHIN THE STATE.
House Bill 1935 establishes a Modernization and Automation Tax Credit designed to encourage existing businesses within the state to invest in upgrading their operations. An amendment to the bill increases the maximum annual amount for this tax credit from $5 million to $25 million. To qualify for the credit, businesses must now submit a notice of intent to the relevant department before applying for incentives. Additionally, the proposed modernization or automation project must receive a positive cost-benefit analysis from the commission.
Bill status
signed
all 5 stages cleared
Introduction
Mar 2025
Committee Review
Apr 2025
House Passage
Apr 2025
Senate Passage
Apr 2025
Signed into Law
Apr 2025
Introduced Mar 31, 2025
Signed Apr 17, 2025
Maddy AI version diff · 1 comparison
What changed between versions
Act 882
→
HB 1935
·
2 edits
MINOR
The bill text has been reformatted from a previous version (Act 882) to the current legislative session format (HB 1935). The substantive content of the bill appears unchanged, with only formatting and session information updated to reflect the 95th General Assembly Regular Session of 2025.
TECHNICAL
Updated session information from Act 882 to HB 1935 for the 95th General Assembly Regular Session, 2025
Added formatting elements including blank lines and session date (H4/8/25) to match current legislative document standards
Floor votes
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
16
Key actions
7
Committee
2
Amendments
1
Apr 17, 2025
Signed into law
Notification that HB1935 is now Act 882
lower
Apr 14, 2025
Lower · Passed
Returned from the Senate as passed.
lower
Apr 14, 2025
Upper · Passed
Returned to the House as passed.
upper
Apr 14, 2025
Upper · Passed
Read the third time and passed.
upper
Apr 10, 2025
Upper · Passed
Returned by the Committee, with the recommendation that it Do Pass
upper
Apr 9, 2025
Lower · Passed
Read the third time and passed and ordered transmitted to the Senate.
lower
Apr 8, 2025
Introduced
Amendment No. 1 read and adopted and the bill ordered engrossed.
lower
Apr 7, 2025
Lower · Passed
Returned by the Committee with the recommendation that it do pass as amended 1
lower
Mar 31, 2025
Introduced
Filed
lower
2 primary · 0 co-sponsors
Sponsors
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