HB 219 CS (2004) -  Corporate Income Tax

General Bill by Sobel (CO-SPONSORS) Hasner; Henriquez; Holloway; Vana
Corporate Income Tax: Provides a credit against the tax for contributions to nonprofit cultural organizations, with limitations on individual credits; provides that the unused amount of a credit may not be carried forward; prohibits conveying, assigning, or transferring the credit to another entity except as specified; provides for administration by the Department of Revenue and the Division of Cultural Affairs of the Department of State; requires the department and the division to adopt rules; provides a tax credit for donations to the Cultural Institutions Trust Fund; provides that the unused amount of a credit may not be carried forward; prohibits conveying, assigning, or transferring the credit to another entity, except as specified; provides for rulemaking by the Department of Revenue and the Department of State; specifies the order in which credits may be applied; specifies the maximum amount of annual tax credits which may be granted; provides for future repeal.
Effective Date: July 1, 2004
Last Event: Died in Committee on Finance & Tax on Friday, April 30, 2004 11:40 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/CS/SB 406 Subject: Nonprofit Cultural Org./Tax Relationship: Similar
Bill #: HB 439 Subject: Corporate Income Tax Relationship: Compare
Bill #: SB 668 Subject: Corporate Income Tax Relationship: Compare

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: Commerce 4/14/2004 10:26:18 AM
Chamber: House Committee: Commerce 4/12/2004 11:25:16 AM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died in Committee on Finance & Tax Time: 04/30/2004 - 11:40 PM Member: Committee: Finance & Tax Version:
Event: H Now in Finance & Tax Time: 04/22/2004 - 9:06 AM Member: Committee: Finance & Tax Version:
Event: H Remaining referral: Appropriations Time: 04/22/2004 - 9:06 AM Member: Committee: Appropriations Version:
Event: H Remaining referral: Subcommittee on Transportation & Economic Development Appropriations Time: 04/22/2004 - 9:06 AM Member: Committee: Subcommittee on Transportation & Economic Development Appropriations Version:
Event: H Remaining referral: Finance & Tax Time: 04/22/2004 - 9:06 AM Member: Committee: Finance & Tax Version:
Event: H Recommendation: CS by Commerce ; Pending Review of CS under Rule 6.3 Time: 04/14/2004 - 10:27 AM Member: Committee: Commerce Version:
Event: H Bill released from committee Time: 04/14/2004 - 10:27 AM Member: Committee: Commerce Version:
Event: H Bill passed referred committee Time: 04/14/2004 - 10:27 AM Member: Committee: Commerce Version:
Event: H Bill added to Commerce agenda Time: 04/08/2004 - 4:09 PM Member: Committee: Commerce Version:
Event: H 1st Reading Time: 03/03/2004 - 1:21 AM Member: Committee: Version:
Event: H Now In Commerce Time: 01/08/2004 - 4:07 PM Member: Committee: Commerce Version:
Event: H Bill referred to Appropriations Time: 01/08/2004 - 4:07 PM Member: Committee: Appropriations Version:
Event: H Bill referred to Subcommittee on Transportation & Economic Development Appropriations Time: 01/08/2004 - 4:07 PM Member: Committee: Subcommittee on Transportation & Economic Development Appropriations Version:
Event: H Bill referred to Finance & Tax Time: 01/08/2004 - 4:07 PM Member: Committee: Finance & Tax Version:
Event: H Bill referred to Commerce Time: 01/08/2004 - 4:07 PM Member: Committee: Commerce Version:
Event: H Filed timely Time: 11/24/2003 - 4:21 PM Member: Sobel Committee: Version: