2002 Regular Session

SENATE BILL 786

File Code: Taxes - Income Crossfiled with: HOUSE BILL 861
Sponsored By:
Senator Teitelbaum
Entitled:
Tax Credit for Cost of Automated External Defibrillator

Synopsis:

Allowing an individual or business entity to claim a credit against the State income tax for 25% of the purchase price of an automated external defibrillator; providing that the credit may not exceed the lesser of $1,000 or the State income tax for that taxable year and that any unused credit may not be carried over to any other taxable year; and making the credit applicable to all tax years after 2002.

History by Legislative Date

Senate Action
2/8
First Reading Senate Rules
2/14
Re-referred Budget and Taxation
3/12
Hearing 3/19 at 1:30 p.m.
4/5
Unfavorable Report by Budget and Taxation
House Action
No Action
Bill indexed under the following Subjects:
EQUIPMENT -see also- MOTOR VEHICLE EQUIPMENT
HEALTH -see also- MENTAL HEALTH
INCOME TAX
TAX CREDITS -see also- CIRCUIT BREAKER
Bill affects the following Statute:
Tax - General
( 10-724 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered