General Bill
Tax Credits for Research and Development:
Creates research & development tax credit program in DOR; provides purposes & definitions; provides eligibility requirements for research & development tax credits; provides limitations regarding eligibility; provides amount for such credit; provides maximum amount of credit that may be taken during single tax year; provides that any unused credit may be carried forward for specified period; authorizes sale or assignment of unused credit to specified taxpayers; requires party to sale or assignment to file specified information & documents with DOR; requires parties to sale or assignment to obtain DOR approval before completing such sale or assignment; prohibits DOR from unreasonablly withholding such approval; provides requirements for use tax credits sold or assigned; limits total amount of tax credits that may be assigned in calendar year; provides that applications for credits may be filed on or after specified date; requires credits to be granted in order in which applications are received.
Effective Date:
July 1, 2009, and is effective for tax years beginning on or after January 1, 2010
Last Event:
Died in Economic Development Policy Committee on Saturday, May 2, 2009 12:00 AM
| Bill #
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Subject
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Relationship
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Bill #:
SB 768
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Subject:
Tax Credits for Research and Development [WPSC]
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Relationship:
Compare
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| Event |
Time |
Member |
Committee |
Ver. |
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Event:
H Died in Economic Development Policy Committee
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Time:
05/02/2009 - 12:00 AM
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Member:
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Committee:
Economic Development Policy Committee
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Version:
__
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Event:
H Indefinitely postponed and withdrawn from consideration
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Time:
05/02/2009 - 12:00 AM
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Member:
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Committee:
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Version:
__
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Event:
H Added as workshop bill to Economic Development Policy Committee agenda
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Time:
03/23/2009 - 4:07 PM
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Member:
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Committee:
Economic Development Policy Committee
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Version:
__
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Event:
H 1st Reading
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Time:
03/03/2009 - 10:03 PM
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Member:
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Committee:
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Version:
__
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Event:
H Now in Economic Development Policy Committee
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Time:
02/25/2009 - 7:37 AM
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Member:
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Committee:
Economic Development Policy Committee
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Version:
__
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Event:
H Referred to Full Appropriations Council on General Government & Health Care
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Time:
02/25/2009 - 7:37 AM
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Member:
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Committee:
Full Appropriations Council on General Government & Health Care
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Version:
__
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Event:
H Referred to Finance & Tax Council
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Time:
02/25/2009 - 7:37 AM
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Member:
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Committee:
Finance & Tax Council
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Version:
__
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Event:
H Referred to Economic Development & Community Affairs Policy Council
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Time:
02/25/2009 - 7:37 AM
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Member:
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Committee:
Economic Development & Community Affairs Policy Council
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Version:
__
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Event:
H Referred to Economic Development Policy Committee
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Time:
02/25/2009 - 7:37 AM
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Member:
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Committee:
Economic Development Policy Committee
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Version:
__
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Event:
H Filed
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Time:
01/21/2009 - 7:47 AM
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Member:
Plakon
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Committee:
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Version:
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