General Bill
Economic Development:
Creates Commercialization Credit Transfer Program; provides legislative findings; authorizes DOR to share certain confidential information with OTTED; adds certified credits to list of credits available against state corporate income tax; redefines term "adjusted federal income" in relation to net operating losses transferred & payments received for certified credit; provides for allocation of financial assistance as income in this state; provides purpose, intent, goals, & objectives; provides definitions; requires OTTED to certify eligible companies for transfer of corporate income tax net operating loss amounts as certified credits; 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; requires certified company to file annual report with OTTED; requires OTTED to create annual report; requires OTTED to adopt rules; authorizes DOR to adopt rules; provides appropriations; provides future repeal of program.
Effective Date:
July 1, 2011
Last Event:
Died in Economic Development & Tourism Subcommittee on Saturday, May 7, 2011 2:07 AM
| Bill #
|
Subject
|
Relationship
|
|
Bill #:
SB 774
|
Subject:
Economic Development
|
Relationship:
Similar
|
|
Bill #:
SB 264
|
Subject:
Economic Development
|
Relationship:
Compare
|
| Event |
Time |
Member |
Committee |
Ver. |
|
Event:
H Died in Economic Development & Tourism Subcommittee
|
Time:
05/07/2011 - 2:07 AM
|
Member:
|
Committee:
Economic Development & Tourism Subcommittee
|
Version:
__
|
|
Event:
H Indefinitely postponed and withdrawn from consideration
|
Time:
05/07/2011 - 12:01 AM
|
Member:
|
Committee:
|
Version:
__
|
|
Event:
H 1st Reading
|
Time:
03/08/2011 - 10:24 PM
|
Member:
|
Committee:
|
Version:
__
|
|
Event:
H Now in Economic Development & Tourism Subcommittee
|
Time:
02/07/2011 - 7:07 PM
|
Member:
|
Committee:
Economic Development & Tourism Subcommittee
|
Version:
__
|
|
Event:
H Referred to Economic Affairs Committee
|
Time:
02/07/2011 - 7:07 PM
|
Member:
|
Committee:
Economic Affairs Committee
|
Version:
__
|
|
Event:
H Referred to Appropriations Committee
|
Time:
02/07/2011 - 7:07 PM
|
Member:
|
Committee:
Appropriations Committee
|
Version:
__
|
|
Event:
H Referred to Finance & Tax Committee
|
Time:
02/07/2011 - 7:07 PM
|
Member:
|
Committee:
Finance & Tax Committee
|
Version:
__
|
|
Event:
H Referred to Rulemaking & Regulation Subcommittee
|
Time:
02/07/2011 - 7:07 PM
|
Member:
|
Committee:
Rulemaking & Regulation Subcommittee
|
Version:
__
|
|
Event:
H Referred to Economic Development & Tourism Subcommittee
|
Time:
02/07/2011 - 7:07 PM
|
Member:
|
Committee:
Economic Development & Tourism Subcommittee
|
Version:
__
|
|
Event:
H Filed
|
Time:
01/25/2011 - 8:02 AM
|
Member:
Ray
|
Committee:
|
Version:
__
|
| Statute
|
Other Bill Citations
|
|
213.053
|
SB 264,
CS/CS/SB 728,
SB 774,
CS/CS/HB 873*,
CS/CS/CS/HB 907*,
SB 924,
HB 943*,
CS/CS/HB 965*,
CS/SB 976,
HB 1209,
CS/SB 1224,
SB 1236,
SB 1296,
CS/SB 1384,
CS/SB 1388,
CS/SB 1506,
SB 1746,
CS/CS/SB 1916,
SB 2044,
SB 2106,
SB 2120,
SB 2150,
SB 2156,
CS/HB 5005,
CS/CS/HB 7005*,
HB 7009,
HB 7203*,
HB 7217,
HB 7247
|
|
220.02
|
CS/HB 143*,
HB 197,
SB 264,
SB 266,
HB 297,
CS/HB 671,
SB 774,
SB 790,
CS/CS/HB 873*,
SB 942,
HB 1099,
SB 1208,
SB 1222,
CS/SB 1224,
HB 1275,
SB 1296,
SB 1820,
HB 7203*
|
|
220.13
|
CS/HB 143*,
HB 197,
SB 264,
SB 266,
HB 297,
SB 774,
SB 790,
CS/CS/HB 873*,
HB 1099,
SB 1208,
SB 1222,
HB 1223,
CS/SB 1224,
SB 1764,
CS/CS/SB 1998,
CS/HB 7185*,
HB 7203*
|
|
220.16
|
SB 264,
SB 774,
CS/CS/HB 873*,
SB 1222,
CS/SB 1224
|
|
220.194
|
HB 197,
SB 264,
SB 266,
HB 447,
CS/HB 671,
SB 774,
HB 819,
CS/CS/HB 873*,
SB 942,
CS/SB 1224,
SB 1376,
SB 1958,
HB 7203*
|
(*) Not the latest version