Legislation

Title: Income Tax - Corporate Headquarters Investment and Job Retention Tax Credit
Sponsored by: Senators King, Feldman, Kagan, Lee, Madaleno, and Zucker
Status: In the Senate - Hearing 3/15 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Authorizing a qualified business entity operating an eligible corporate headquarters project to claim a specified credit against the State income tax; requiring the Department of Commerce to certify a business entity as a qualified business entity within 60 days of receiving a specified application; providing that a project is eligible for designation by the Department as an eligible tax credit project under specified circumstances; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Details

Bill File Type: Regular

Effective Date(s): July 1, 2017

History

Legislation History
Chamber Senate Calendar Date 2/23/2017 Legislative Date 2/23/2017 Action First Reading Senate Rules Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Corporate Headquarters Investment and Job Retention Tax Credit Proceedings
Chamber Senate Calendar Date 2/23/2017 Legislative Date 2/24/2017 Action Rereferred to Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/01/2017 Legislative Date 3/01/2017 Action Hearing 3/15 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/23/2017	2/23/2017	First Reading Senate Rules
			Text - First - Income Tax - Corporate Headquarters Investment and Job Retention Tax Credit
Senate	2/23/2017	2/24/2017	Rereferred to Budget and Taxation
Senate	3/01/2017	3/01/2017	Hearing 3/15 at 1:00 p.m.

File Code

Subjects

Statutes