HB 397: Economic Development
GENERAL BILL by Ray
Economic Development; Creates Commercialization Credit Transfer Program; provides legislative findings; authorizes DOR to share certain confidential information with OTTED; adds certified credits to list of credits available against state corporate income tax; redefines term "adjusted federal income" in relation to net operating losses transferred & payments received for certified credit; provides for allocation of financial assistance as income in this state; provides purpose, intent, goals, & objectives, etc. APPROPRIATION: Indeterminate
Effective Date: 7/1/2011
Last Action: 5/7/2011 House - Died in Economic Development and Tourism Subcommittee
Bill Text: Web Page | PDF
Last Action: 5/7/2011 House - Died in Economic Development and Tourism Subcommittee
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/25/2011 | House |
• Filed |
| 2/7/2011 | House |
• Referred to Economic Development and Tourism Subcommittee; Rulemaking and Regulation Subcommittee; Finance and Tax Committee; Appropriations Committee; Economic Affairs Committee -HJ 39 |
| 3/8/2011 | House |
• Introduced -HJ 39 |
| 5/7/2011 | House |
• Indefinitely postponed and withdrawn from consideration • Died in Economic Development and Tourism Subcommittee |
