Legislation

Title: Income Tax Credit - Qualified Research and Development Expenses - Credit Amounts
Sponsored by: Delegate Walker
Status: In the Senate - First Reading Senate Rules
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Increasing, from $4,500,000 in calendar year 2016 to $5,500,000 in calendar year 2017 and each calendar year thereafter, the maximum total amount of research and development tax credits that the Department of Commerce may approve in the specified calendar years; and applying the Act to all research and development tax credits certified after December 15, 2016.

Committees

Original:: Ways and Means Click to view Recorded Media

Opposite:: Rules

Details

Cross-filed with: SB0200

Introduced in a prior session as: HB0477 Session: 2016 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2017

History

Legislation History
Chamber House Calendar Date 1/23/2017 Legislative Date 1/23/2017 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax Credit - Qualified Research and Development Expenses - Credit Amounts Proceedings
Chamber House Calendar Date 1/24/2017 Legislative Date 1/24/2017 Action Hearing 2/08 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Ways and Means Proceedings Click to view Recorded Media
Chamber House Calendar Date 4/08/2017 Legislative Date 4/08/2017 Action Favorable with Amendments Report by Ways and Means Proceedings
Chamber House Calendar Date 4/08/2017 Legislative Date 4/01/2017 Action Favorable with Amendments {755468/1 Adopted Proceedings 66 Click to view Recorded Media
Chamber House Calendar Date 4/08/2017 Legislative Date 4/01/2017 Action Second Reading Passed with Amendments Proceedings 66 Click to view Recorded Media
Chamber Calendar Date Legislative Date Action Text - Third - Income Tax Credit - Qualified Research and Development Expenses - Credit Amounts Proceedings
Chamber House Calendar Date 4/10/2017 Legislative Date 4/02/2017 Action Third Reading Passed (107-30) Proceedings 67 Click to view Recorded Media
Chamber Senate Calendar Date 4/10/2017 Legislative Date 4/02/2017 Action Referred Rules Proceedings 62 Click to view Recorded Media

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	1/23/2017	1/23/2017	First Reading Ways and Means
			Text - First - Income Tax Credit - Qualified Research and Development Expenses - Credit Amounts
House	1/24/2017	1/24/2017	Hearing 2/08 at 1:00 p.m.
			Vote - House - Committee - Ways and Means	Click to view Recorded Media
House	4/08/2017	4/08/2017	Favorable with Amendments Report by Ways and Means
House	4/08/2017	4/01/2017	Favorable with Amendments {755468/1 Adopted	66 Click to view Recorded Media
House	4/08/2017	4/01/2017	Second Reading Passed with Amendments	66 Click to view Recorded Media
			Text - Third - Income Tax Credit - Qualified Research and Development Expenses - Credit Amounts
House	4/10/2017	4/02/2017	Third Reading Passed (107-30)	67 Click to view Recorded Media
Senate	4/10/2017	4/02/2017	Referred Rules	62 Click to view Recorded Media

File Code

Subjects

Statutes