CS/CS/SB 2280: Insurance Premium & Corporate Income Tax Credits [EPCC]
GENERAL BILL by Community Affairs ; Commerce ; Bennett ; (CO-INTRODUCERS) Lynn
Insurance Premium & Corporate Income Tax Credits [EPCC]; creates "New Markets Tax Credit Act"; provides that taxpayer who holds qualified equity investment in qualified low-income business on credit allowance date of investment is entitled to nonrefundable, nontransferable tax credit for taxable year in which credit allowance date falls; authorizes taxpayer to carry over any amount of credit that taxpayer is prohibited from redeeming in taxable year to any subsequent taxable year, etc. Amends FS.
Last Action: 5/4/2007 Senate - Died in Committee on Finance and Tax
Bill Text: Web Page | PDF
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Bill History
Date Chamber Action 2/27/2007 Senate • Filed
3/15/2007 Senate • Introduced, referred to Commerce; Community Affairs; Finance and Tax; General Government Appropriations -SJ 00151
3/22/2007 Senate • On Committee agenda-- Commerce, 03/27/07, 9:00 am, 401-S
3/27/2007 Senate • CS by Commerce; YEAS 9 NAYS 0 -SJ 00284; CS read 1st time on 03/29/07 -SJ 00296
3/29/2007 Senate • Pending reference review under Rule 4.7(2); Now in Community Affairs -SJ 00284
4/13/2007 Senate • On Committee agenda-- Community Affairs, 04/18/07, 2:15 pm, 412-K
4/18/2007 Senate • CS/CS by Community Affairs; YEAS 9 NAYS 0 -SJ 00544; CS read 1st time on 04/25/07 -SJ 00558
4/20/2007 Senate • Pending reference review under Rule 4.7(2); Now in Finance and Tax -SJ 00544
5/4/2007 Senate • Died in Committee on Finance and Tax
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CS/CS/SB 2280, Committee Substitute 2 (Current Bill Version) Posted 4/20/2007 at 4:18 PM
Bill Text: Web Page | PDF Analyses: Community Affairs (Post-Meeting) 4/18/2007 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location H 1487 (c1) Premium & Corporate Income Tax Credits Schenck Similar Last Action: 5/4/2007 H Died in Policy & Budget Council
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 -
CS/SB 2280, Committee Substitute 1 Posted 3/29/2007 at 11:13 AM
Bill Text: Web Page | PDF Analyses: Commerce (Post-Meeting) 3/28/2007 (pdf)
Committee Amendments (2)
Amendment Sponsor Filed Last Committee Action Format 634992 - Amendment
Community Affairs
(Wise)4/17/2007
4:12 PMWithdrawn
4/18/2007Web Page
PDF343224 - Amendment
Community Affairs
(Wise)4/18/2007
1:25 PMReplaced by Committee Substitute
4/18/2007Web Page
PDFCommittee Votes (1)
Date Committee Result 4/18/2007 2:15 PM Community Affairs 9 Yeas - 0 Nays 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 -
SB 2280, Original Filed Version Posted 2/27/2007 at 12:48 PM
Bill Text: Web Page | PDF Analyses: None Committee Amendments (1)
Amendment Sponsor Filed Last Committee Action Format 602692 - Amendment
Commerce
(Oelrich)3/29/2007
9:28 AMWeb Page
PDFCommittee Votes (1)
Date Committee Result 3/27/2007 9:00 AM Commerce 9 Yeas - 0 Nays