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Glossary of Legislative Terms

SB 1156: Capital Investment Tax Credit

GENERAL BILL by Stargel

Capital Investment Tax Credit; Deleting a provision prohibiting the use of tax credits by certain affiliated companies or related entities under certain circumstances; requiring a qualifying business to demonstrate to the Department of Economic Opportunity that it qualifies for the tax credits and requiring the department to so notify the Department of Revenue; providing a maximum amount of capital investment tax credits that may be granted annually, etc.

Effective Date: 7/1/2014
 Last Action: 5/2/2014 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Appropriations Subcommittee on Finance and Tax (AFT)
  3. Appropriations (AP)


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Bill History

Date Chamber Action
2/20/2014 Senate • Filed
2/28/2014 Senate • Referred to Banking and Insurance; Appropriations Subcommittee on Finance and Tax; Appropriations -SJ 93
3/4/2014 Senate • Introduced -SJ 93
5/2/2014 Senate • Died in Banking and Insurance