SB 2918: Tax Credit/Research & Development Expenses [EPCC]
GENERAL BILL by Diaz de la Portilla
Tax Credit/Research & Development Expenses [EPCC]; provides legislative intent re state research & development tax credit; provides tax credit for businesses having qualified research expenses; provides that tax credit is 10 percent of excess over base amount; provides that any unused credit may be carried forward for up to 10 years following close of tax year in which qualified expenses were incurred; provides for maximum credit amount, etc. Creates 220.194.
Effective Date: 07/01/2007
Last Action: 5/4/2007 Senate - Died in Committee on Commerce
Bill Text: Web Page | PDF
Last Action: 5/4/2007 Senate - Died in Committee on Commerce
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 3/6/2007 | Senate |
• Filed |
| 3/21/2007 | Senate |
• Introduced, referred to Commerce; Finance and Tax; General Government Appropriations -SJ 00216 |
| 5/4/2007 | Senate |
• Died in Committee on Commerce |