SB 450: Economic Development
GENERAL BILL by Soto
Economic Development; Providing tax credits for use by a corporation against the state corporate income tax in an amount equal to a specified percentage of the corporation’s payments to a small business providing goods or services to the corporation pursuant to a contract; prohibiting tax credits from being carried forward or backward or being transferred or sold; providing criminal and administrative penalties for fraudulently claiming tax credits, etc.
Effective Date: 1/1/2014
Last Action: 5/3/2013 Senate - Died in Commerce and Tourism
Bill Text: Web Page | PDF
Last Action: 5/3/2013 Senate - Died in Commerce and Tourism
Bill Text: Web Page | PDF
Senate Committee References:
- Commerce and Tourism (CM)
- Appropriations Subcommittee on Finance and Tax (AFT)
- Appropriations (AP)
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/24/2013 | Senate |
• Filed |
| 1/28/2013 | Senate |
• Referred to Commerce and Tourism; Appropriations Subcommittee on Finance and Tax; Appropriations -SJ 35 |
| 3/5/2013 | Senate |
• Introduced -SJ 35 |
| 5/3/2013 | Senate |
• Died in Commerce and Tourism |
