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HB 133: Commercial Launch Zone Tax Incentives

GENERAL BILL by Poppell; (CO-INTRODUCERS) Adams; Ambler; Burgin; Chestnut; Culp; Eisnaugle; Hasner; Holder; Homan; Horner; Hukill; Kreegel; Nehr; Plakon; Planas; Porth; Precourt; Tobia; Weatherford; Williams, T.; Wood; Workman; Zapata

Commercial Launch Zone Tax Incentives; Establishes credits against corporate income tax for taxpayers that create or provide investments for spaceflight projects; provides definitions; establishes eligibility requirements for tax credits; allows for carryforward of tax credits; provides application & certification requirements; requires OTTED to determine eligibility of taxpayers; provides for expiration & renewal of taxpayer's eligibility for tax credits, etc.

Effective Date: 1/1/2011 01/01/2011
 Last Action: 4/30/2010 House - Died in Committee on Economic Development Policy (EDCA)
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    9/21/2009 House • Filed
    10/12/2009 House • Referred to Economic Development Policy (EDCA); Transportation & Economic Development Appropriations (CEED); Finance & Tax Council; Economic Development & Community Affairs Policy Council
    3/2/2010 House • Introduced, referred to Economic Development Policy (EDCA); Transportation & Economic Development Appropriations (CEED); Finance & Tax Council; Economic Development & Community Affairs Policy Council -HJ 00019
    4/30/2010 House • Died in Committee on Economic Development Policy (EDCA)

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  • HB 133, Original Filed Version (Current Bill Version) Posted 11/15/2009 at 12:37 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location
    S 1188 (c2) Spaceflight [WPSC] Altman Compare Last Action: 4/30/2010 S Died in Committee on Transportation and Economic Development Appropriations
    Location:

    Citations - Statutes (6)

    Citation Catchline Location in Bill Location In Bill Help
    14.2015 Office of Tourism, Trade, and Economic Development; creation; powers and duties.
    213.053 Confidentiality and information sharing.
    220.02 Legislative intent.
    220.13 "Adjusted federal income" defined.
    220.16 Allocation of nonbusiness income.
    220.194

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