Legislation

Allowing a credit against the State income tax for a certain percentage of an investment made in a qualified innovation business, not to exceed $50,000, or $100,000 for a qualified investor that is a married couple filing jointly or a pass-through entity; requiring a qualified investor to meet certain requirements in order to be eligible for the credit; applying the Act to certain taxable years beginning after December 31, 2018; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Details

Bill File Type: Regular

Effective Date(s): July 1, 2019

History

Legislation History
Chamber House Calendar Date 2/08/2019 Legislative Date 2/08/2019 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Angel Investor Tax Credit Program Proceedings
Chamber House Calendar Date 2/11/2019 Legislative Date 2/11/2019 Action Hearing 2/27 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	2/08/2019	2/08/2019	First Reading Ways and Means
			Text - First - Income Tax - Angel Investor Tax Credit Program
House	2/11/2019	2/11/2019	Hearing 2/27 at 1:00 p.m.

File Code

Subjects

Statutes