SB 1268: Capital Investment Tax Credit
GENERAL BILL by Gruters
Capital Investment Tax Credit; Providing a credit against the corporate income tax, the sales and use tax, or a stated combination of the two taxes to a qualifying business that establishes a qualifying project for the creation of intellectual property which meets certain capital investment criteria; authorizing the carryover or transfer of credits, subject to certain conditions, etc.
Effective Date: Upon becoming a law
Last Action: 3/14/2020 Senate - Died in Innovation, Industry, and Technology
Bill Text: Web Page | PDF
Last Action: 3/14/2020 Senate - Died in Innovation, Industry, and Technology
Bill Text: Web Page | PDF
Senate Committee References:
- Innovation, Industry, and Technology (IT)
- Finance and Tax (FT)
- Appropriations (AP)
-
Bill History
Date Chamber Action 12/17/2019 Senate • Filed
1/8/2020 Senate • Referred to Innovation, Industry, and Technology; Finance and Tax; Appropriations -SJ 93
1/14/2020 Senate • Introduced -SJ 93
2/5/2020 Senate • On Committee agenda-- Innovation, Industry, and Technology, 02/10/20, 1:30 pm, 110 Senate Building --Temporarily Postponed
3/14/2020 Senate • Indefinitely postponed and withdrawn from consideration
• Died in Innovation, Industry, and Technology
-
SB 1268, Original Filed Version (Current Bill Version) Posted 12/17/2019 at 11:49 AM
Bill Text: Web Page | PDF Analyses: Innovation, Industry, and Technology (Pre-Meeting) 2/7/2020 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 1642 (c1) Tax Exemptions Gruters Compare Last Action: 3/14/2020 S Died in Finance and Tax 
Citations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 220.191 Capital investment tax credit. Page 1 (pdf) 288.1089 Innovation Incentive Program. Page 11 (pdf)