SB 790 (2011) -  Tax Credits

General Bill by Altman
Tax Credits: Revises the priority of tax credits that may be taken against the corporate income tax or the franchise tax. Authorizes aerospace-sector jobs tax credits and tuition reimbursement tax credits. Authorizes a tax credit to aerospace businesses based on the salary or tuition reimbursed to certain employees. Specifies the maximum annual amount of tax credits for an aerospace business. Provides fines and criminal penalties for certain unlawful claims of tax credits, etc.
Effective Date: 01/01/2012
Last Event: 05/07/11 S Died in Budget, companion bill(s) passed, see CS/HB 143 (Ch. 2011-76) on Saturday, May 7, 2011 3:35 AM

Referred Committees and Committee Actions

Senate Referrals

  • Commerce and Tourism
    • On agenda for: 04/12/11 9:15 AM
    • Favorable (final action) Votes: Yeas 6   Nays 1
  • Budget

Related Bills

Bill # Subject Relationship
Bill #: CS/HB 143 Subject: Economic Development Relationship: Compare

Bill Text

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Commerce and Tourism 4/12/2011 1:28:35 PM
Chamber: Senate Committee: Commerce and Tourism 4/11/2011 9:54:21 AM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Died in Budget, companion bill(s) passed, see CS/HB 143 (Ch. 2011-76) Time: 05/07/2011 - 3:35 AM Member: Committee: Version: __
Event: S Indefinitely postponed and withdrawn from consideration Time: 05/07/2011 - 12:01 AM Member: Committee: Version: __
Event: S Now in Budget -SJ 468 Time: 04/12/2011 - 2:21 PM Member: Committee: Version: __
Event: S Favorable by Commerce and Tourism; YEAS 6 NAYS 1 -SJ 468 Time: 04/12/2011 - 12:17 PM Member: Committee: Version: __
Event: S On Committee agenda-- Commerce and Tourism, 04/12/11, 9:15 am, 401 Senate Office Building Time: 04/07/2011 - 4:58 PM Member: Committee: Version: __
Event: S Introduced -SJ 62 Time: 03/07/2011 - 5:34 PM Member: Committee: Version: __
Event: S Referred to Commerce and Tourism; Budget -SJ 62 Time: 02/09/2011 - 2:16 PM Member: Committee: Version: __
Event: S Filed Time: 02/03/2011 - 1:45 PM Member: Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
220.02 CS/HB 143*, HB 197, SB 264, SB 266, HB 297, HB 397, CS/HB 671, SB 774, 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, HB 397, SB 774, 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*
220.1811 CS/HB 143*

(*) Not the latest version