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CS/CS/HB 485: Fast Track Economic Stimulus for Small Businesses [CPSC]

GENERAL BILL by Finance and Tax Council ; Economic Development Policy Committee ; Weatherford ; (CO-INTRODUCERS) Bembry ; Bovo ; Burgin ; Cannon ; Carroll ; Crisafulli ; Drake ; Eisnaugle ; Evers ; Fetterman ; Ford ; Hasner ; Homan ; Horner ; Hudson ; Hukill ; Jones, M. ; Kelly ; Lopez-Cantera ; Murzin ; Nelson ; Precourt ; Ray ; Rivera ; Schenck ; Snyder ; Williams, T.

Fast Track Economic Stimulus for Small Businesses [CPSC]; Establishes New Markets Development Program; provides for tax credits for making qualified equity investments; provides requirements & limitations for such credits; specifies application & certification requirements & procedures for OTTED to qualify equity investments as eligible for tax credits; provides for application fees; provides duties & responsibilities of DOR; limits amount of investments OTTED may certify, etc.

Effective Date: 07/01/2009
Last Action: 5/21/2009 - Approved by Governor; Chapter No. 2009-50
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    1/20/2009 House • Filed
    2/12/2009 House • Referred to Economic Development Policy (EDCA); Economic Development & Community Affairs Policy Council; Finance & Tax Council
    3/3/2009 House • Introduced, referred to Economic Development Policy (EDCA); Economic Development & Community Affairs Policy Council; Finance & Tax Council -HJ 00045
    3/9/2009 House • On Committee agenda-- Economic Development Policy (EDCA), 03/11/09, 9:00 am, Morris Hall
    3/11/2009 House • CS by Economic Development Policy (EDCA); YEAS 21 NAYS 0 -HJ 00216
    3/16/2009 House • CS read 1st time on 03/16/09 -HJ 00211
    3/13/2009 House • CS filed
    3/17/2009 House • Now in Economic Development & Community Affairs Policy Council -HJ 00223
    3/23/2009 House • On Council agenda-- Economic Development & Community Affairs Policy Council, 03/25/09, 10:00 am, 404-H
    3/25/2009 House • Favorable by Economic Development & Community Affairs Policy Council; YEAS 15 NAYS 0 -HJ 00277
    3/26/2009 House • Now in Finance & Tax Council -HJ 00277
    3/31/2009 House • On Council agenda-- Finance & Tax Council, 04/02/09, 10:00 am, Reed Hall
    4/2/2009 House • CS/CS by- Finance & Tax Council; YEAS 14 NAYS 0 -HJ 00356
    4/6/2009 House • CS read 1st time on 04/06/09 -HJ 00354
    4/3/2009 House • CS filed
    4/13/2009 House • Placed on Calendar -HJ 00390
    4/24/2009 House • Placed on Special Order Calendar; Read 2nd time -HJ 00847
    4/27/2009 House • Read 3rd time -HJ 00984; Amendment(s) adopted -HJ 00985; CS passed as amended; YEAS 116 NAYS 0 -HJ 00985
    4/27/2009 Senate • In Messages; Received, referred to Commerce; Community Affairs; Finance and Tax; Policy & Steering Committee on Ways and Means -SJ 00647
    4/29/2009 Senate • Withdrawn from Commerce; Community Affairs; Finance and Tax; Policy & Steering Committee on Ways and Means -SJ 00830; Substituted for CS/CS/SB 1502 -SJ 00830; Read 2nd time -SJ 00830
    4/30/2009 Senate • Read 3rd time -SJ 00929; CS passed; YEAS 40 NAYS 0 -SJ 00929
    4/30/2009 House • Ordered enrolled -HJ 01203
    5/18/2009 • Signed by Officers and presented to Governor
    5/21/2009 • Approved by Governor; Chapter No. 2009-50

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  • CS/CS/HB 485, Enrolled (Current Bill Version) Posted 5/6/2009 at 1:33 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location
    S 1502 (c2) Fast Track Economic Stimulus for Small Businesses [WPSC] Fasano Similar Last Action: 4/29/2009 S Placed on Special Order Calendar; Read 2nd time -SJ 00830; Amendment(s) adopted (546928) -SJ 00830; Substituted CS/CS/HB 485 -SJ 00830; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/CS/HB 485 (Ch. 2009-50) -SJ 00830
    Location:

    Citations - Statutes (15)

    Citation Catchline Location in Bill Location In Bill Help
    213.053 Confidentiality and information sharing.
    220.02 Legislative intent.
    220.13 "Adjusted federal income" defined.
    288.991
    288.9912
    288.9913
    288.9914
    288.9915
    288.9916
    288.9917
    288.9918
    288.9919
    288.9920
    288.9921
    288.9922

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  • CS/CS/HB 485, Engrossed 1 Posted 4/27/2009 at 4:12 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Floor Votes (1)

    Date Chamber Result
    4/30/2009 3:53 PM Senate 40 Yeas - 0 Nays

    Citations - Statutes (15)

    Citation Catchline Location in Bill Location In Bill Help
    213.053 Confidentiality and information sharing.
    220.02 Legislative intent.
    220.13 "Adjusted federal income" defined.
    288.991
    288.9912
    288.9913
    288.9914
    288.9915
    288.9916
    288.9917
    288.9918
    288.9919
    288.9920
    288.9921
    288.9922

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  • CS/CS/HB 485, Committee Substitute 2 Posted 4/3/2009 at 8:38 AM

    Bill Text:   Web Page | PDF
    Analyses:   Finance and Tax Council (Post-Meeting) (pdf)

    Floor Amendments (1)

    Amendment Sponsor Filed Last Floor Action Format
    892269 - Amendment
    Weatherford 4/24/2009
    6:26 PM
    Web Page
    PDF

    Floor Votes (1)

    Date Chamber Result
    4/27/2009 2:25 PM House 116 Yeas - 0 Nays

    Citations - Statutes (15)

    Citation Catchline Location in Bill Location In Bill Help
    213.053 Confidentiality and information sharing.
    220.02 Legislative intent.
    220.13 "Adjusted federal income" defined.
    288.991
    288.9912
    288.9913
    288.9914
    288.9915
    288.9916
    288.9917
    288.9918
    288.9919
    288.9920
    288.9921
    288.9922

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  • CS/HB 485, Committee Substitute 1 Posted 3/13/2009 at 4:32 PM

    Bill Text:   Web Page | PDF
    Analyses:   Economic Development and Community Affairs Policy Council (Post-Meeting) (pdf)
    Economic Development and Community Affairs Policy Council (Post-Meeting) (pdf)
    Economic Development Policy Committee (Post-Meeting) (pdf)
    Finance and Tax Council (Post-Meeting) (pdf)

    Citations - Statutes (15)

    Citation Catchline Location in Bill Location In Bill Help
    213.053 Confidentiality and information sharing.
    220.02 Legislative intent.
    220.13 "Adjusted federal income" defined.
    288.991
    288.9912
    288.9913
    288.9914
    288.9915
    288.9916
    288.9917
    288.9918
    288.9919
    288.9920
    288.9921
    288.9922

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  • HB 485, Original Filed Version Posted 2/26/2009 at 5:51 PM

    Bill Text:   Web Page | PDF
    Analyses:   Economic Development Policy Committee (Post-Meeting) (pdf)

    Citations - Statutes (4)

    Citation Catchline Location in Bill Location In Bill Help
    213.053 Confidentiality and information sharing.
    220.02 Legislative intent.
    220.13 "Adjusted federal income" defined.
    288.991

    Top of SectionTop of Page