File Code: Taxes - Miscellaneous
Crossfiled with: HOUSE BILL 321
- Sponsored By:
-
The President (By Request - Administration) and Senators
Brinkley, Forehand, and Giannetti
- Entitled:
-
Business and Economic Development - Biotechnology Investment Incentive
Act
Imposing eligibility restrictions for the State income tax credit
allowed for investments in qualified biotechnology companies; altering
limits on the amount of credits that may be claimed by specified
persons; repealing a provision making the credit refundable under
specified circumstances; imposing limits on the amount of credits the
Secretary of Business and Economic Development may certify for
investments in a single business; repealing provisions providing for
the recapture of the credit under specified circumstances; etc.
Senate Action
- 1/23
- First Reading Budget and Taxation
- Motion Rules Suspended Referred (Senator Green) Adopted
- Referred Budget and Taxation
- 2/15
- Hearing 3/1 at 1:00 p.m.
House Action
- No Action
Sponsored by:
- President of the Senate
- Administration
- Senator David R. Brinkley, District 4
- Senator Jennie M. Forehand, District 17
- Senator John A. Giannetti, Jr., District 21
Bill indexed under the following Subjects:
- BUSINESS AND ECONOMIC DEVELOPMENT, DEPARTMENT OF
- CORPORATIONS -see also- MUNICIPAL CORPORATIONS
- INCOME TAX
- INDUSTRY AND TECHNOLOGY
- INVESTMENTS -see also- SECURITIES
- TAX CREDITS -see also- CIRCUIT BREAKER
Bill affects the following Statutes:
- Tax - General
- (
10-725 ,
10-725 ,
10-725
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal Note (Displayed in PDF Format):
Available
- Amendments:
None offered
