SB 236: Economic Development
GENERAL BILL by Ring
Economic Development; Creating the Commercialization Credit Transfer Program; providing legislative findings that it is in the state’s interest to promote the commercialization of products and services developed by technology companies; authorizing the Department of Revenue to share certain confidential information with the Department of Economic Opportunity; redefining the term “adjusted federal income” in relation to net operating losses transferred and payments received for a certified credit pursuant to the Commercialization Credit Transfer Program; providing for the allocation of financial assistance pursuant to the Commercialization Credit Transfer Program as income in this state; creating the Commercialization Credit Transfer Program; requiring the Department of Economic Opportunity to certify eligible companies for the transfer of corporate income tax net operating loss amounts as certified credits, etc. APPROPRIATION: Indeterminate
Last Action: 3/9/2012 Senate - Died in Commerce and Tourism
Bill Text: Web Page | PDF
- Commerce and Tourism (CM)
- Banking and Insurance (BI)
- Budget (BC)
• Referred to Commerce and Tourism; Banking and Insurance; Budget -SJ 25
• Introduced -SJ 25
• Died in Commerce and Tourism
Companion bills that are identical word-for-word, not including titles. However, Resolutions and Concurrent Resolutions are considered identical if the only difference is the word "House" or "Senate."
Companion bills that are substantially similar in text or have substantial portions of text that are largely the same.
Bills that have selected provisions that are similar in text.
A bill that is contingent upon passage of another bill within the same chamber, e.g., a trust fund bill, a bill providing a public record exemption, or an implementing bill.
The page numbers, when listed, for citations are constantly under review. The journals or printed bills of the respective chambers should be consulted as the official documents of the Legislature.
The links for the page numbers are formatted to open the bill text PDF directly to the page containing the citation. However, if your browser is set to open PDFs in a new window, as is often the case with 64-bit browsers, the bill text will open to the first page.