Legislation

Title: Income Tax - Biotechnology Investment Incentive Tax Credit Program - Pass-Through Entities
Sponsored by: Delegate Chang
Status: In the House - Hearing 2/15 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Allowing a qualified investor that is a pass-through entity that pays a certain income tax on behalf of its members to receive and allocate in any manner a credit or refund of a credit under the Biotechnology Investment Incentive Tax Credit Program; applying the Act to all taxable years beginning after December 31, 2023; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Committee Testimony

Witness List

Details

Cross-filed with: SB0702

Bill File Type: Regular

Effective Date(s): July 1, 2024

History

Legislation History
Chamber House Calendar Date 1/31/2024 Legislative Date 1/31/2024 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 1/31/2024 Legislative Date 1/31/2024 Action Hearing 2/15 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Biotechnology Investment Incentive Tax Credit Program - Pass-Through Entities Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	1/31/2024	1/31/2024	First Reading Ways and Means
House	1/31/2024	1/31/2024	Hearing 2/15 at 1:00 p.m.
			Text - First - Income Tax - Biotechnology Investment Incentive Tax Credit Program - Pass-Through Entities

File Code

Subjects

Statutes