CS/SB 518: Economic Business Incentives
GENERAL BILL by Commerce and Tourism ; Hukill
Economic Business Incentives; Revising the sales tax exemption for certain business purchases of industrial machinery and equipment; deleting certain limitations on, and procedural requirements relating to, the exemption; deleting the sales tax exemption for machinery and equipment used for certain federal procurement contracts; deleting the limitation on the maximum amount of tax refunds a business may receive under the qualified defense contractor and space flight business tax refund program and the maximum amount of tax refunds a business may receive under the tax refund program for qualified target industry businesses, etc.
Last Action: 5/3/2013 Senate - Died on Calendar, companion bill(s) passed, see HB 4013 (Ch. 2013-96), CS/CS/HB 7007 (Ch. 2013-39), CS/SB 406 (Ch. 2013-42)
Bill Text: Web Page | PDF
- Commerce and Tourism (CM)
-
Bill History
Date Chamber Action 1/29/2013 Senate • Filed
2/6/2013 Senate • Referred to Commerce and Tourism; Appropriations Subcommittee on Finance and Tax; Appropriations -SJ 39
3/5/2013 Senate • Introduced -SJ 39
3/27/2013 Senate • On Committee agenda-- Commerce and Tourism, 04/01/13, 12:30 pm, 110 Senate Office Building
4/1/2013 Senate • CS by Commerce and Tourism; YEAS 11 NAYS 0 -SJ 278
4/2/2013 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
• Now in Appropriations Subcommittee on Finance and Tax -SJ 278
4/3/2013 Senate • CS by Commerce and Tourism read 1st time -SJ 282
4/30/2013 Senate • Withdrawn from Appropriations Subcommittee on Finance and Tax; Appropriations -SJ 881
• Placed on Calendar, on 2nd reading
5/3/2013 Senate • Died on Calendar, companion bill(s) passed, see HB 4013 (Ch. 2013-96), CS/CS/HB 7007 (Ch. 2013-39), CS/SB 406 (Ch. 2013-42)
-
CS/SB 518, Committee Substitute 1 (Current Bill Version) Posted 4/2/2013 at 12:24 PM
Bill Text: Web Page | PDF Analyses: None Related Bills (7)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 391 (c1) Exemptions from Tax on Sales, Use, & Other Transactions Magar Similar Last Action: 5/3/2013 H Died on Calendar, companion bill(s) passed, see CS/CS/HB 7007 (Ch. 2013-39)
Location: On 2nd Reading CalendarH 4013 (er) Tax Refund Programs Santiago Compare Last Action: 5/30/2013 Chapter No. 2013-96, companion bill(s) passed, see CS/SB 406 (Ch. 2013-42)
Location: Became LawH 5601 Economic Development Finance and Tax Subcommittee Compare Last Action: 4/12/2013 H Laid on Table, companion bill(s) passed, see HB 4013 (Ch. 2013-96), CS/SB 406 (Ch. 2013-42), SB 1500 (Ch. 2013-40)
Location: Laid on TableH 7007 (er) Economic Development Economic Development and Tourism Subcommittee Compare Last Action: 5/17/2013 Chapter No. 2013-39, companion bill(s) passed, see CS/SB 406 (Ch. 2013-42)
Location: Became LawS 236 Tax Refund Programs Hukill Compare Last Action: 4/25/2013 S Laid on Table, companion bill(s) passed, see HB 4013 (Ch. 2013-96), CS/SB 406 (Ch. 2013-42) -SJ 611
Location: Laid on TableS 316 (c1) Taxes Detert Compare Last Action: 5/3/2013 S Died in Appropriations, companion bill(s) passed, see CS/CS/HB 7007 (Ch. 2013-39)
Location: In committee/council (AP)S 406 (e2) Economic Development Gardiner Compare Last Action: 5/20/2013 Chapter No. 2013-42, companion bill(s) passed, see CS/CS/HB 579 (Ch. 2013-198), HB 4013 (Ch. 2013-96), CS/CS/HB 7007 (Ch. 2013-39), SB 1500 (Ch. 2013-40)
Location: Became LawCitations - Statutes (9)
Citation Catchline Location in Bill Location In Bill Help 212.0602 Education; limited exemption. Page 14 (pdf) 212.08 Sales, rental, use, consumption, distribution, and storage tax; specified exemptions. Page 1 (pdf) 220.183 Community contribution tax credit. Page 15 (pdf) 288.1045 Qualified defense contractor and space flight business tax refund program. Page 13 (pdf) 288.106 Tax refund program for qualified target industry businesses. Page 13 (pdf) 290.0056 Enterprise zone development agency. Page 15 (pdf) 290.007 State incentives available in enterprise zones. Page 15 (pdf) 624.5105 Community contribution tax credit; authorization; limitations; eligibility and application requirements; administration; definitions; expiration. Page 16 (pdf) 1011.94 University Major Gifts Program. Page 16 (pdf) -
SB 518, Original Filed Version Posted 1/29/2013 at 3:20 PM
Bill Text: Web Page | PDF Analyses: Commerce and Tourism (Pre-Meeting) 3/29/2013 (pdf)
Commerce and Tourism (Post-Meeting) 4/2/2013 (pdf)
Related Bills (5)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 391 Exemptions from Tax On Sales, Use, & Other Transactions Magar Compare Last Action: 5/3/2013 H Died on Calendar, companion bill(s) passed, see CS/CS/HB 7007 (Ch. 2013-39)
Location: On 2nd Reading CalendarH 4013 Tax Refund Programs Santiago Compare Last Action: 5/30/2013 Chapter No. 2013-96, companion bill(s) passed, see CS/SB 406 (Ch. 2013-42)
Location: Became LawH 5601 Economic Development Finance and Tax Subcommittee Compare Last Action: 4/12/2013 H Laid on Table, companion bill(s) passed, see HB 4013 (Ch. 2013-96), CS/SB 406 (Ch. 2013-42), SB 1500 (Ch. 2013-40)
Location: Laid on TableS 236 Tax Refund Programs Hukill Compare Last Action: 4/25/2013 S Laid on Table, companion bill(s) passed, see HB 4013 (Ch. 2013-96), CS/SB 406 (Ch. 2013-42) -SJ 611
Location: Laid on TableS 316 (c1) Taxes Detert Compare Last Action: 5/3/2013 S Died in Appropriations, companion bill(s) passed, see CS/CS/HB 7007 (Ch. 2013-39)
Location: In committee/council (AP)Committee Amendments (1)
Amendment Sponsor Filed Last Committee Action Format 233250 - Amendment (Delete All)
Delete everything after the enacting clause and insert:Commerce and Tourism
(Hukill)3/29/2013
1:05 PMReplaced by Committee Substitute
4/1/2013Web Page
PDFCommittee Votes (1)
Date Committee Result 4/1/2013 12:30 PM Commerce and Tourism 11 Yeas - 0 Nays Citations - Statutes (4)
Citation Catchline Location in Bill Location In Bill Help 212.08 Sales, rental, use, consumption, distribution, and storage tax; specified exemptions. Page 1 (pdf) 288.1045 Qualified defense contractor and space flight business tax refund program. Page 13 (pdf) 288.106 Tax refund program for qualified target industry businesses. Page 13 (pdf) 288.1089 Innovation Incentive Program. Page 14 (pdf)