General Bill
Tax Credits for Restaurants with Tipped Employees:
Authorizes OTTED to grant tax credits against sales & use tax or corporate income tax liabilities to specified businesses; specifies rate for credit; provides for adjusting rate annually; provides for funding tax credits; limits amount of credits; provides methodology for allocating amounts of tax credits; requires tax credit applications to be approved by OTTED; provides application requirements; provides responsibilities of OTTED in granting tax credits; requires businesses approved for tax credit to apply to DOR for refund; provides refund application requirements; requires OTTED to publicize availability of tax credits; provides criminal penalties for fraudulently claiming credit; requires repayment of credit for fraudulently claiming credit plus mandatory penalty equal to amount of credit.
Effective Date:
July 1, 2009
Last Event:
Died in Economic Development Policy Committee on Saturday, May 2, 2009 12:00 AM
| Bill #
|
Subject
|
Relationship
|
|
Bill #:
SB 1928
|
Subject:
Tax Credits for Certain Restaurants [WPSC]
|
Relationship:
Similar
|
| Event |
Time |
Member |
Committee |
Ver. |
|
Event:
H Died in Economic Development Policy Committee
|
Time:
05/02/2009 - 12:00 AM
|
Member:
|
Committee:
Economic Development Policy Committee
|
Version:
__
|
|
Event:
H Indefinitely postponed and withdrawn from consideration
|
Time:
05/02/2009 - 12:00 AM
|
Member:
|
Committee:
|
Version:
__
|
|
Event:
H 1st Reading
|
Time:
03/03/2009 - 10:03 PM
|
Member:
|
Committee:
|
Version:
__
|
|
Event:
H Now in Economic Development Policy Committee
|
Time:
02/25/2009 - 7:38 AM
|
Member:
|
Committee:
Economic Development Policy Committee
|
Version:
__
|
|
Event:
H Referred to Full Appropriations Council on Education & Economic Development
|
Time:
02/25/2009 - 7:38 AM
|
Member:
|
Committee:
Full Appropriations Council on Education & Economic Development
|
Version:
__
|
|
Event:
H Referred to Finance & Tax Council
|
Time:
02/25/2009 - 7:38 AM
|
Member:
|
Committee:
Finance & Tax Council
|
Version:
__
|
|
Event:
H Referred to Economic Development & Community Affairs Policy Council
|
Time:
02/25/2009 - 7:38 AM
|
Member:
|
Committee:
Economic Development & Community Affairs Policy Council
|
Version:
__
|
|
Event:
H Referred to Economic Development Policy Committee
|
Time:
02/25/2009 - 7:38 AM
|
Member:
|
Committee:
Economic Development Policy Committee
|
Version:
__
|
|
Event:
H Filed
|
Time:
02/03/2009 - 6:31 PM
|
Member:
Hooper
|
Committee:
|
Version:
__
|
| Statute
|
Other Bill Citations
|
|
509.073
|
|