HB 1261: Small Business Tax Credit
GENERAL BILL by Stewart
Small Business Tax Credit; Provides tax credit to new small businesses in specified amount; requires new small businesses to apply to DOR for tax credit approval; provides application requirements; authorizes new small business to reapply if application is deemed insufficient; limits amount of tax credits that new small business may receive; authorizes new small business to use any remaining amount of tax credit that is greater than can be taken on single tax return on future tax returns.
Effective Date: 7/1/2014
Last Action: 5/2/2014 House - Died in Economic Development and Tourism Subcommittee
Bill Text: PDF
Last Action: 5/2/2014 House - Died in Economic Development and Tourism Subcommittee
Bill Text: PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 2/28/2014 | House |
• Filed |
| 3/4/2014 | House |
• Introduced -HJ 103 |
| 3/11/2014 | House |
• Referred to Economic Development and Tourism Subcommittee; Finance and Tax Subcommittee; Economic Affairs Committee -HJ 270 |
| 5/2/2014 | House |
• Died in Economic Development and Tourism Subcommittee |
