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CS/SB 2572: Tax Credits [CPSC]

GENERAL BILL by Finance and Tax ; Altman

Tax Credits [CPSC]; Revises the priority of tax credits that may be taken against the corporate income tax or the franchise tax. Authorizes aerospace-sector jobs tax credits and tuition reimbursement tax credits. Authorizes a tax credit to aerospace businesses based on the salary or tuition reimbursed to certain employees. Prohibits a business from claiming an aerospace-sector jobs tax credit and a tuition reimbursement tax credit for the same employee, etc.

Effective Date: 01/01/2011
Last Action: 4/30/2010 Senate - Died in Committee on Policy & Steering Committee on Ways and Means
Bill Text: Web Page | PDF

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  • Bill History

  • CS/SB 2572, Committee Substitute 1 (Current Bill Version) Posted 4/8/2010 at 11:33 AM

  • SB 2572, Original Filed Version Posted 2/26/2010 at 12:02 PM