2007 Special Session 1

HOUSE BILL 55

File Code: Corporations and Associations Prior Year Introduction As: HB 1053/07 - W&M
Sponsored By:
Delegate Hucker
Entitled:
Business Organization Filing Fees - Income Tax Credit

Synopsis:

Increasing from $300 to $1,000 the filing fee for annual reports filed by specified corporations; providing a credit against the State income tax for specified amounts of the filing fee paid for filing annual reports under specified circumstances; allowing unused credit to be carried forward under specified circumstances; applying the Act to fees paid for annual reports filed after December 31, 2007, and taxable years beginning after December 31, 2007; etc.

History by Legislative and Calendar Date

House Action
10/30
First Reading Ways and Means
11/2
Hearing 11/3 at 10:00 a.m.
Senate Action
No Action

Bill indexed under the following Subjects:

Banks and Trust Companies
Business Trusts
Corporations -see also- Municipal Corps; Public Corps & Inst
Credit Unions
Fees -see also- Devt Fees and Taxes; Reimbursement Rates
Financial Institutions -see also- Banks; Credit Unions; etc.
Income Tax
Limited Liability Companies
Partnerships
Real Estate Investment Trusts
Reports
Savings and Loan Associations
Tax Credits -see also- Circuit Breaker

Bill affects the following Statutes:

Corporations and Associations
( 1-203 , 1-203 )
Tax - General
( 10-726 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered