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ID S1275
Bill
Status
1/22/2010
Primary Sponsor
Diane Bilyeu
Click for details
AI Summary
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Establishes the "Idaho Homegrown Business and Jobs Act" as the short title for this legislation.
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Amends Section 67-4703 of Idaho Code to add 15 numbered duties to the Department of Commerce's existing powers, including developing economic development strategies, entering interagency agreements, and contracting with universities and consultants.
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Requires the Department of Commerce and Department of Labor to jointly provide market intelligence to Idaho businesses with 20 or fewer employees beginning July 1, 2010, including reports on prices, industries, market trends, consumer behavior, and competitor locations and performance.
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Mandates the Department of Commerce and Department of Labor enter into a joint exercise of powers agreement and may promulgate administrative rules to implement the market intelligence program for small businesses.
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Declares an emergency, making the act effective immediately upon passage and approval.
Legislative Description
Amends existing law to provide that the Department of Commerce, in concert with the Department of Labor, provide Idaho business with twenty or fewer employees with market intelligence that historically has been available only to large corporations.
HOMEGROWN BUSINESS AND JOBS ACT
Last Action
to Com/HuRes
1/25/2010