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Committee adopts amendment and gives favorable report to SB 370 to allow TIF districts for 21st-century manufacturing zones
Summary
The committee adopted an amendment to SB 370 and then gave the bill a favorable report as amended; the measure expands TIF district authority for designated 21st-century manufacturing zones and the amendment adds shipbuilders and updates page-one language to reference Act 2026-104 of the 2026 regular session.
The committee adopted an amendment to SB 370 and issued a favorable report on the bill as amended, advancing a Senate companion measure that would allow tax increment financing (TIF) districts for designated 21st-century manufacturing zones.
The sponsor described SB 370 as targeting major 21st-century manufacturing zones for industries such as automotive, pharmaceuticals and semiconductors, and said the bill would allow cities to recoup land costs associated with those projects. Members discussed the bill’s scope and the sponsor noted that an amendment added shipbuilders to the list of covered industries.
A committee member offered an amendment replacing line 23 on page one to add language referencing 'amended by Act 2026 104 of the 2026 regular session' (the proposer did not identify themselves in the transcript). Members moved to adopt the amendment and the committee approved it by voice vote; the transcript records the subsequent motion for a favorable report as amended, moved by Representative Hollis and seconded by Representative Rafferty. The Chair announced a favorable report as amended.
The record does not include a roll-call tally or further floor debate on SB 370 in this session. The transcript indicates the committee then moved to closing remarks from the Chair.
