Find a 2017 Bill:

2017 Regular Session



Income Tax - Corporate Headquarters Investment and Job Retention Tax Credit

Sponsored by:

Senator King


In the Senate - Hearing 3/15 at 1:00 p.m.

Synopsis:Authorizing a qualified business entity operating an eligible corporate headquarters project to claim a specified credit against the State income tax; requiring the Department of Commerce to certify a business entity as a qualified business entity within 60 days of receiving a specified application; providing that a project is eligible for designation by the Department as an eligible tax credit project under specified circumstances; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Senators King, Feldman, Kagan, Lee, Madaleno, and Zucker
Additional Facts:Bill File Type: Regular
Effective Date(s): July 1, 2017
Budget and Taxation  View Committee Hearing
Broad Subject(s):Taxes - Income
Economic and Community Development
Narrow Subject(s):Commerce and Business -see also- Dealers; Elec. Comm.; etc.
Commerce, Department of
Corporations -see also- Municipal Corps; Public Corps & Inst
Licenses -see also- Alcoholic Bev Lic; Drivers' Licenses
Rules and Regulations
Tax Credits
Statutes:Article - Economic Development
(1-101, 2.5-109, 6-801 through 6-807)
Article - Tax - General

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Explanation of Floor Motions and Actions

November 28, 2017 1:14 P.M.