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HB 607: Tax Credits for Research and Development

GENERAL BILL by Plakon ; (CO-INTRODUCERS) Adkins ; Ambler ; Burgin ; Carroll ; Crisafulli ; Culp ; Domino ; Dorworth ; Eisnaugle ; Gaetz ; Homan ; Horner ; Kelly ; Nehr ; Planas ; Porth ; Skidmore ; Wood ; Zapata

Tax Credits for Research and Development; Provides for tax credit against corporate income tax for specified research & development expenses; provides eligibility requirements; provides limitations regarding eligibility; provides amount for such credit; provides maximum amount of credit that may be taken during single tax year; provides that any unused credit may be carried forward for specified period; authorizes sale or assignment of unused credit to specified taxpayers, etc.

Effective Date: 07/01/2010
Last Action: 4/30/2010 House - Died in Finance & Tax Council
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    1/7/2010 House • Filed
    1/20/2010 House • Referred to Economic Development Policy (EDCA); Finance & Tax Council; Economic Development & Community Affairs Policy Council
    3/1/2010 House • On Committee agenda-- Economic Development Policy (EDCA), 03/03/10, 8:00 am, 12-H --Workshop
    3/2/2010 House • Introduced, referred to Economic Development Policy (EDCA); Finance & Tax Council; Economic Development & Community Affairs Policy Council -HJ 00056; On Committee agenda-- Economic Development Policy (EDCA), 03/03/10, 8:00 am, 12-H --Workshopped
    3/8/2010 House • On Committee agenda-- Economic Development Policy (EDCA), 03/10/10, 8:00 am, 12-H
    3/10/2010 House • Favorable by Economic Development Policy (EDCA); YEAS 12 NAYS 0 -HJ 00260; Now in Finance & Tax Council -HJ 00260
    4/30/2010 House • Died in Finance & Tax Council

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  • HB 607, Original Filed Version (Current Bill Version) Posted 1/7/2010 at 4:18 PM

    Bill Text:   Web Page | PDF
    Analyses:   Economic Development Policy Committee (Post-Meeting) (pdf)
    Economic Development Policy Committee (Post-Meeting) (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location
    S 1184 Tax Credits for Research and Development [WPSC] Thrasher Similar Last Action: 4/30/2010 S Died in Committee on Commerce
    Location:

    Citations - Statutes (2)

    Citation Catchline Location in Bill Location In Bill Help
    220.02 Legislative intent.
    220.194

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