CS/CS/SB 2280 (2007) -  Insurance Premium & Corporate Income Tax Credits [EPCC]

General Bill by Community Affairs and Commerce and Bennett (CO-SPONSORS) Lynn
Insurance Premium & Corporate Income Tax Credits [EPCC]: creates "New Markets Tax Credit Act"; provides that taxpayer who holds qualified equity investment in qualified low-income business on credit allowance date of investment is entitled to nonrefundable, nontransferable tax credit for taxable year in which credit allowance date falls; authorizes taxpayer to carry over any amount of credit that taxpayer is prohibited from redeeming in taxable year to any subsequent taxable year, etc. Amends FS.
Effective Date: 07/01/2007
Last Event: 05/04/07 S Died in Committee on Finance and Tax on Friday, May 4, 2007 4:12 PM

Referred Committees and Committee Actions

Senate Referrals

  • Commerce
    • On agenda for: 03/27/07 9:00 AM
    • Favorable With Committee Substitute (final action) Votes: Yeas 9   Nays 0
  • Community Affairs
    • On agenda for: 04/18/07 2:15 PM
    • Favorable With Committee Substitute (final action) Votes: Yeas 9   Nays 0
  • Finance and Tax
  • General Government Appropriations

Related Bills

Bill # Subject Relationship
Bill #: CS/HB 1487 Subject: Insurance Premium and Corporate Income Tax Credits Relationship: Similar

Bill Text

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Community Affairs 4/20/2007 3:46:50 PM
Chamber: Senate Committee: Commerce 3/29/2007 9:13:39 AM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Died in Committee on Finance and Tax Time: 05/04/2007 - 4:12 PM Member: Committee: Version: c2
Event: S Now in Finance and Tax -SJ 00544 Time: 04/20/2007 - 4:27 PM Member: Committee: Version: c2
Event: S Pending reference review under Rule 4.7(2) Time: 04/20/2007 - 4:26 PM Member: Committee: Version: c2
Event: S CS read 1st time on 04/25/07 -SJ 00558 Time: 04/18/2007 - 6:20 PM Member: Committee: Version: c2
Event: S CS/CS by Community Affairs; YEAS 9 NAYS 0 -SJ 00544 Time: 04/18/2007 - 5:23 PM Member: Committee: Version: c2
Event: S On Committee agenda-- Community Affairs, 04/18/07, 2:15 pm, 412-K Time: 04/13/2007 - 4:06 PM Member: Committee: Version: c2
Event: S Now in Community Affairs -SJ 00284 Time: 03/29/2007 - 4:55 PM Member: Committee: Version: c2
Event: S Pending reference review under Rule 4.7(2) Time: 03/29/2007 - 1:20 PM Member: Committee: Version: c2
Event: S CS read 1st time on 03/29/07 -SJ 00296 Time: 03/27/2007 - 1:20 PM Member: Committee: Version: c2
Event: S CS by Commerce; YEAS 9 NAYS 0 -SJ 00284 Time: 03/27/2007 - 11:34 AM Member: Committee: Version: c2
Event: S On Committee agenda-- Commerce, 03/27/07, 9:00 am, 401-S Time: 03/22/2007 - 4:57 PM Member: Committee: Version: c2
Event: S Introduced, referred to Commerce; Community Affairs; Finance and Tax; General Government Appropriations -SJ 00151 Time: 03/14/2007 - 4:19 PM Member: Committee: Version: c2
Event: S Filed Time: 02/27/2007 - 3:46 PM Member: Committee: Version: c2

Statutes Referenced by this Bill

Statute Other Bill Citations
0213.053 CS/SB 96, SB 2274, SB 2288, CS/CS/SB 2380, CS/SB 2482
0220.02 CS/SB 96, CS/SB 194, CS/SB 1222, CS/SB 1646, SB 2274, CS/CS/SB 2380, SB 2826
0220.13 CS/SB 194, CS/SB 1222, CS/SB 1646, SB 2274, CS/CS/SB 2380
0288.991
0288.992