Constituency: Marathon
Platform Status: Online
Bills & Policies

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Business Development Incentives Programme Bill, 2025
Establishes a programme to provide financial incentives to eligible licensees in support of investment and competitiveness.

Allocates funding for renewable energy projects, grid modernization, and EV charging infrastructure.

Status:  PASSED BUSINESS INCENTIVES
Status:
INTRODUCED
Nov 2, 2023
ENVIRONMENT
Key Facts
Status: Passed
Category: Business Incentives
Scope: National
Last Update: Mar 11, 2026
Status:
Introduced
Category:
Scope:
Last Update:
Environment
National
Nov 2, 2023
Why This Matters

Business incentives can influence investment decisions, competitiveness, and economic activity.

This bill affects how the country invests in renewable energy infrastructure and electric vehicle charging.

If passed, it could lower long-term electricity costs and reduce reliance on imported fuel.

Overview

Establishes a programme to provide financial incentives to eligible licensees in support of investment and competitiveness.

This bill proposes funding for renewable energy infrastructure including modernization of the national grid and expansion of electric vehicle charging networks.

The proposal aims to increase energy independence and reduce long term electricity costs.

Key Provisions
  • Establishes a Business Development Incentives Programme.
  • Provides financial incentives to eligible licensees.
- Funding allocated for national grid modernization
- Expansion of EV charging network
- Renewable energy infrastructure grants
- Energy independence initiative
Documents & Sources
Full Text of the Bill (PDF)
Committee Review Summary (PDF)
EV Charging Infrastructure Report
Timeline / Updates
Official bill text available in Bahamas Laws repository.
Nov 2, 2023
Bill introduced in Parliament.
Nov 18, 2023
The bill has been proposed and awaiting committee review. Committee hearings begin.
Related Tags
Energy
Cost of Living
Climate Policy
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