CS/HB 1487: Premium & Corporate Income Tax Credits
GENERAL BILL by Economic Expansion & Infrastructure Council ; Schenck ; (CO-INTRODUCERS) Richter ; Weatherford
Premium & Corporate Income Tax Credits; provides that taxpayers who hold qualified equity investment on credit allowance date of investment are entitled to nonrefundable, nontransferable tax credit for taxable year in which credit allowance date falls; authorizes Tourism, Trade, & Economic Development Office to qualify equity investments as eligible for tax credits; requires office to order & DOR to recapture tax credits from certain taxpayers under certain circumstances, etc. Amends FS.
Last Action: 5/4/2007 House - Died in Policy & Budget Council
Bill Text: Web Page | PDF
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Bill History
Date Chamber Action 3/5/2007 House • Filed
3/6/2007 House • Introduced -HJ 00105
3/12/2007 House • Referred to Economic Expansion & Infrastructure Council; Policy & Budget Council -HJ 00189
3/13/2007 House • Referred to Economic Development (EEI) by Economic Expansion & Infrastructure Council -HJ 00191
3/16/2007 House • On Committee agenda-- Economic Development (EEI), 03/19/07, 2:00 pm, Reed Hall --Removed from agenda; On Committee agenda-- Economic Development (EEI), 03/20/07, 5:00 pm, Reed Hall
3/20/2007 House • Favorable with 1 amendment(s) by Economic Development (EEI); YEAS 7 NAYS 0 -HJ 00232; Now in Economic Expansion & Infrastructure Council -HJ 00232
4/13/2007 House • On Council agenda-- Economic Expansion & Infrastructure Council, 04/17/07, 9:00 am, 404-H --Not considered
4/19/2007 House • On Council agenda-- Economic Expansion & Infrastructure Council, 04/20/07, 9:15 am, 404-H
4/20/2007 House • CS by Economic Expansion & Infrastructure Council; YEAS 14 NAYS 0 -HJ 00642
4/24/2007 House • CS read 1st time on 04/24/07 -HJ 00638; CS filed; Now in Policy & Budget Council -HJ 00640
5/4/2007 House • Died in Policy & Budget Council
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CS/HB 1487, Committee Substitute 1 (Current Bill Version) Posted 4/24/2007 at 4:16 PM
Bill Text: Web Page | PDF Analyses: Economic Expansion & Infrastructure Council (Post-Meeting) (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location S 2280 (c2) Insurance Premium & Corporate Income Tax Credits [EPCC] Bennett Similar Last Action: 5/4/2007 S Died in Committee on Finance and Tax
Location:Citations - Statutes (5)
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. 288.991 288.992 -
HB 1487, Original Filed Version Posted 3/5/2007 at 2:09 PM