CS/HB 3681: Capital Investment Tax Credits
GENERAL BILL by Finance & Taxation ; Ball ; (CO-INTRODUCERS) Futch ; Murman ; Byrd ; Lynn ; Wallace
Capital Investment Tax Credits; revises legislative intent on order of application of certain credits; provides definitions; provides for credit against corporate income tax for certain capital costs; provides for certification of eligibility by Tourism, Trade, & Economic Development Office; provides duties of Revenue Dept.; provides responsibility for qualifying businesses; authorizes Revenue Dept. to adopt rules, etc. Creates 220.191; amends 220.02.
Effective Date: 07/01/1998
Last Action: 5/15/1998 - Approved by Governor; Chapter No. 98-61
Bill Text: Web Page | PDF
Last Action: 5/15/1998 - Approved by Governor; Chapter No. 98-61
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 2/17/1998 | House |
• Prefiled |
| 3/3/1998 | House |
• Introduced -HJ 00050 |
| 3/5/1998 | House |
• Referred to Business Development & International Trade (EIC); Finance & Taxation (FRC); General Government Appropriations -HJ 00147 |
| 3/17/1998 | House |
• On Committee agenda-- Business Development & International Trade (EIC), 03/23/98, 1:30 pm, 214C |
| 3/23/1998 | House |
• Comm. Action: Unanimously Favorable by Business Development & International Trade (EIC) -HJ 00338 |
| 3/24/1998 | House |
• Now in Finance & Taxation (FRC) -HJ 00338 |
| 3/27/1998 | House |
• On Committee agenda-- Finance & Taxation (FRC), 04/02/98, 8:00 am, Morris Hall |
| 4/2/1998 | House |
• Comm. Action: Unanimously CS by Finance & Taxation (FRC) -HJ 00468 |
| 4/7/1998 | House |
• CS read first time on 04/07/98 -HJ 00465 |
| 4/6/1998 | House |
• Now in General Government Appropriations -HJ 00468 |
| 4/9/1998 | House |
• Withdrawn from General Government Appropriations -HJ 00504; Pending Consent Calendar |
| 4/14/1998 | House |
• Available for Consent Calendar |
| 4/16/1998 | House |
• Placed on Consent Calendar; Read second and third times -HJ 00672; CS passed; YEAS 115 NAYS 0 -HJ 00672; Immediately certified -HJ 00677 |
| 4/16/1998 | Senate |
• In Messages |
| 4/21/1998 | Senate |
• Received, referred to Commerce and Economic Opportunities; Ways and Means -SJ 00750 |
| 4/29/1998 | Senate |
• Withdrawn from Commerce and Economic Opportunities; Ways and Means -SJ 01108; Substituted for CS/CS/SB 1314 -SJ 01109; Read second and third times -SJ 01109; CS passed; YEAS 40 NAYS 0 -SJ 01109 |
| 4/29/1998 | House |
• Ordered enrolled -HJ 01710 |
| 5/14/1998 |
• Signed by Officers and presented to Governor |
|
| 5/15/1998 |
• Approved by Governor; Chapter No. 98-61 |