General Bill
Economic Development:
Creates "Micro-Targeted Technology Commercialization Act"; prohibits seller from deducting from his or her taxable income any net operating loss transferred under act; provides for allocation of specified nonbusiness income to state; creates Micro-Targeted Technology Commercialization Credit Transfer Program; requires Institute for Commercialization of Public Research to identify examples of micro-targeted technology & compile list for OTTED; requires OTTED to certify eligible companies for transfer of corporate income tax net operating loss amounts; provides qualifications & application process & requirements; requires application fee; provides for application deadline; requires OTTED to grant or deny application within specified time after receiving completed application; provides for calculating certified credit amount; provides maximum amount that may be transferred; provides penalty; creates Micro-Targeted Technology Commercialization Assistance Grant Program; directs OTTED to manage grant program; directs institute to review grant applications & submit recommendations to OTTED; specifies grant amount & eligibility requirements for grants; provides for use of grant funds; directs OPPAGA to review program & prepare report; authorizes DOR to share confidential taxpayer information with OTTED; provides appropriation; provides for allocation of funds; provides for future repeal of credit transfer & grant programs.
Effective Date:
upon becoming a law
Last Event:
Died in Economic Development Policy Committee on Saturday, May 2, 2009 12:00 AM
Bill #
|
Subject
|
Relationship
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Bill #:
CS/SB 1644
|
Subject:
Micro-Targeted Technology Commercialization Act [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H Indefinitely postponed and withdrawn from consideration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 Now in Economic Development Policy Committee
|
Time:
03/09/2009 - 9:47 PM
|
Member:
|
Committee:
Economic Development Policy Committee
|
Version:
__
|
Event:
H Referred to Full Appropriations Council on Education & Economic Development
|
Time:
03/09/2009 - 9:47 PM
|
Member:
|
Committee:
Full Appropriations Council on Education & Economic Development
|
Version:
__
|
Event:
H Referred to Finance & Tax Council
|
Time:
03/09/2009 - 9:47 PM
|
Member:
|
Committee:
Finance & Tax Council
|
Version:
__
|
Event:
H Referred to Economic Development & Community Affairs Policy Council
|
Time:
03/09/2009 - 9:47 PM
|
Member:
|
Committee:
Economic Development & Community Affairs Policy Council
|
Version:
__
|
Event:
H Referred to Economic Development Policy Committee
|
Time:
03/09/2009 - 9:47 PM
|
Member:
|
Committee:
Economic Development Policy Committee
|
Version:
__
|
Event:
H 1st Reading
|
Time:
03/03/2009 - 10:03 PM
|
Member:
|
Committee:
|
Version:
__
|
Event:
H Filed
|
Time:
02/26/2009 - 10:34 AM
|
Member:
McKeel
|
Committee:
|
Version:
__
|
Statute
|
Other Bill Citations
|
213.053
|
HB 43,
HB 47,
CS/CS/HB 485,
HB 7133,
HB 7155
|
220.13
|
HB 43,
HB 459,
CS/CS/HB 485,
HB 925,
HB 1115,
HB 1247,
HB 5127
|
220.16
|
|
220.194
|
HB 423,
HB 577,
HB 925
|
220.195
|
|