STATEWIDE INNOVATION-PILOT
Sponsored By: Jay Hoffman (Democratic)
In Committee
Summary
Amends the Statewide Innovation Development and Economy Act. Creates a New Opportunities for Vacation and Adventure Urban District or NOVA urban district. Sets forth the capital investment and job creation requirements to be certified as a NOVA urban district. Amends the Property Tax Code. Creates the Megaproject Assessment Freeze and Payment Law. Provides that property that receives a megaproject certificate from the Department of Commerce and Economic Opportunity is eligible for an assessment freeze. Contains provisions concerning megaproject incentive agreements.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Jay Hoffman
Democratic • House
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
Rule 19(a) / Re-referred to Rules Committee
3/27/2026HouseAssigned to Revenue & Finance Committee
3/18/2026HouseReferred to Rules Committee
2/13/2026HouseFirst Reading
2/13/2026HouseFiled with the Clerk by Rep. Jay Hoffman
2/6/2026House
Bill Text
Introduced
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