SB 790: Tax Credits
GENERAL BILL by Altman
Tax Credits; 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. Specifies the maximum annual amount of tax credits for an aerospace business. Provides fines and criminal penalties for certain unlawful claims of tax credits, etc.
Last Action: 5/7/2011 Senate - Died in Budget, companion bill(s) passed, see CS/HB 143 (Ch. 2011-76)
Bill Text: Web Page | PDF
- Commerce and Tourism (CM)
- Budget (BC)
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Bill History
Date Chamber Action 2/3/2011 Senate • Filed
2/9/2011 Senate • Referred to Commerce and Tourism; Budget -SJ 62
3/8/2011 Senate • Introduced -SJ 62
4/7/2011 Senate • On Committee agenda-- Commerce and Tourism, 04/12/11, 9:15 am, 401 Senate Office Building
4/12/2011 Senate • Favorable by Commerce and Tourism; YEAS 6 NAYS 1 -SJ 468
• Now in Budget -SJ 468
5/7/2011 Senate • Indefinitely postponed and withdrawn from consideration
• Died in Budget, companion bill(s) passed, see CS/HB 143 (Ch. 2011-76)
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SB 790, Original Filed Version (Current Bill Version) Posted 2/3/2011 at 1:45 PM
Bill Text: Web Page | PDF Analyses: Commerce and Tourism (Pre-Meeting) 4/11/2011 (pdf)
Commerce and Tourism (Post-Meeting) 4/12/2011 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 143 (er) Economic Development Workman Compare Last Action: 5/31/2011 Chapter No. 2011-76
Location: Became LawCommittee Votes (1)
Date Committee Result 4/12/2011 9:15 AM Commerce and Tourism 6 Yeas - 1 Nays Citations - Statutes (3)
Citation Catchline Location in Bill Location In Bill Help 220.02 Legislative intent. Page 1 (pdf) 220.13 “Adjusted federal income” defined. Page 2 (pdf) 220.1811 Page 4 (pdf)