SB 942: Tax Credits For Research and Development
GENERAL BILL by Bogdanoff
Tax Credits For Research and Development; Provides a tax credit for certain research and development expenses. Provides eligibility requirements for research and development tax credits. Provides limitations regarding eligibility. Provides an amount for such credit. Provides a maximum amount of credit that may be taken during a single tax year by a business enterprise. Prohibits the Department of Revenue from unreasonably withholding approval to sell or transfer an unused tax credit amount, etc.
Effective Date: and is effective for tax years beginning on or after January 1, 2012
Last Action: 5/7/2011 Senate - Died in Budget Subcommittee on Finance and Tax, companion bill(s) passed, see CS/HB 143 (Ch. 2011-76)
Bill Text: Web Page | PDF
Last Action: 5/7/2011 Senate - Died in Budget Subcommittee on Finance and Tax, companion bill(s) passed, see CS/HB 143 (Ch. 2011-76)
Bill Text: Web Page | PDF
Senate Committee References:
- Commerce and Tourism (CM)
- Budget Subcommittee on Finance and Tax (BFT)
- Budget (BC)
- Rules (RC)
Bill History
| Date | Chamber | Action |
|---|---|---|
| 2/9/2011 | Senate |
• Filed |
| 2/17/2011 | Senate |
• Referred to Commerce and Tourism; Budget -SJ 73 |
| 3/8/2011 | Senate |
• Introduced -SJ 73 |
| 3/31/2011 | Senate |
• On Committee agenda-- Commerce and Tourism, 04/05/11, 10:15 am, 401 Senate Office Building |
| 4/5/2011 | Senate |
• Favorable by Commerce and Tourism; YEAS 6 NAYS 0 -SJ 322 • Now in Budget -SJ 322 |
| 4/7/2011 | Senate |
• Also referred to Rules -SJ 461 |
| 4/8/2011 | Senate |
• Subreferred to Budget Subcommittee on Finance and Tax -SJ 473 • Now in Budget Subcommittee on Finance and Tax • On Committee agenda-- Budget Subcommittee on Finance and Tax, 04/13/11, 9:15 am, 301 Senate Office Building --Not Considered |
| 5/7/2011 | Senate |
• Indefinitely postponed and withdrawn from consideration • Died in Budget Subcommittee on Finance and Tax, companion bill(s) passed, see CS/HB 143 (Ch. 2011-76) |
