Legislation

Title: Income Tax - Biotechnology Investment Incentive Tax Credit Program - Pass-Through Entities
Sponsored by: Senator Beidle
Status: In the Senate - Hearing 2/14 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:: Budget and Taxation Click to view Recorded Media

Committee Testimony

Witness List

Details

Cross-filed with: HB0744

Bill File Type: Regular

Effective Date(s): July 1, 2024

History

Legislation History
Chamber Senate Calendar Date 1/30/2024 Legislative Date 1/30/2024 Action First Reading Budget and Taxation Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Biotechnology Investment Incentive Tax Credit Program - Pass-Through Entities Proceedings
Chamber Senate Calendar Date 1/30/2024 Legislative Date 1/30/2024 Action Hearing 2/14 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	1/30/2024	1/30/2024	First Reading Budget and Taxation
			Text - First - Income Tax - Biotechnology Investment Incentive Tax Credit Program - Pass-Through Entities
Senate	1/30/2024	1/30/2024	Hearing 2/14 at 1:00 p.m.

File Code

Subjects

Statutes