CS/HB 671: Research and Development Tax Credits
GENERAL BILL by Economic Development and Tourism Subcommittee ; Workman ; (CO-INTRODUCERS) Abruzzo ; Bullard ; Steube
Research and Development Tax Credits; Revises legislative intent to include research & development tax credit in ordered list according to which credits against corporate income tax or franchise tax are applied; provides research & development tax credit of specified amount for application by business enterprise against corporate income tax or franchise tax; provides limitation on amount of research & development tax credit that may be applied by business enterprise against tax liability in taxable year; authorizes carryforward of tax credit for specified period, etc.
Effective Date: July 1, 2011
Last Action: 5/7/2011 House - Died in Finance and Tax Committee, companion bill(s) passed, see CS/HB 143 (Ch. 2011-76)
Bill Text: Web Page | PDF
Last Action: 5/7/2011 House - Died in Finance and Tax Committee, companion bill(s) passed, see CS/HB 143 (Ch. 2011-76)
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 2/8/2011 | House |
• Filed |
| 2/22/2011 | House |
• Referred to Economic Development and Tourism Subcommittee; Rulemaking and Regulation Subcommittee; Finance and Tax Committee; Economic Affairs Committee -HJ 59 |
| 3/8/2011 | House |
• Introduced -HJ 59 |
| 3/18/2011 | House |
• On Committee agenda-- Economic Development and Tourism Subcommittee, 03/22/11, 12:00 pm, 12 HOB |
| 3/22/2011 | House |
• CS by Economic Development and Tourism Subcommittee; YEAS 14 NAYS 0 -HJ 325 |
| 3/25/2011 | House |
• Pending review of CS under Rule 7.19(c) • CS by Economic Development and Tourism Subcommittee read 1st time -HJ 321 |
| 3/28/2011 | House |
• Original reference(s) removed: Rulemaking and Regulation Subcommittee; Economic Affairs Committee • CS referred to Finance and Tax Committee -HJ 339 • Now in Finance and Tax Committee -HJ 339 |
| 5/7/2011 | House |
• Indefinitely postponed and withdrawn from consideration • Died in Finance and Tax Committee, companion bill(s) passed, see CS/HB 143 (Ch. 2011-76) |
