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Glossary of Legislative Terms

HB 397: Economic Development

GENERAL BILL by Ray

Economic Development; Creates Commercialization Credit Transfer Program; provides legislative findings; authorizes DOR to share certain confidential information with OTTED; adds certified credits to list of credits available against state corporate income tax; redefines term "adjusted federal income" in relation to net operating losses transferred & payments received for certified credit; provides for allocation of financial assistance as income in this state; provides purpose, intent, goals, & objectives, etc. APPROPRIATION: Indeterminate

Effective Date: 7/1/2011
 Last Action: 5/7/2011 House - Died in Economic Development and Tourism Subcommittee
Bill Text: Web Page | PDF

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  • Bill History

    Date Chamber Action
    1/25/2011 House • Filed
    2/7/2011 House • Referred to Economic Development and Tourism Subcommittee; Rulemaking and Regulation Subcommittee; Finance and Tax Committee; Appropriations Committee; Economic Affairs Committee -HJ 39
    3/8/2011 House • Introduced -HJ 39
    5/7/2011 House • Indefinitely postponed and withdrawn from consideration
    • Died in Economic Development and Tourism Subcommittee

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  • HB 397, Original Filed Version (Current Bill Version) Posted 1/25/2011 at 8:02 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (2)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 774 Economic Development Ring Similar Last Action: 5/7/2011 S Died in Commerce and Tourism
    Location: In committee/council (CM)     		Track This Bill
    S 264 Economic Development Ring Compare Last Action: 12/15/2010 S Withdrawn prior to introduction -SJ 29
    Location: Withdrawn from consideration     		Track This Bill

    Citations - Statutes (5)

    Citation Catchline Location in Bill Location In Bill Help
    213.053 Confidentiality and information sharing. Page 2 (pdf)
    220.02 Legislative intent. Page 3 (pdf)
    220.13 “Adjusted federal income” defined. Page 3 (pdf)
    220.16 Allocation of nonbusiness income. Page 6 (pdf)
    220.194 Page 6 (pdf)

    Citations - Chapter Law (1)

    Chapter Law Section Amended Location in Bill Location In Bill Help
    2010-280 Section 3 Page 2 (pdf)

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