SB 942 (2011) -  Tax Credits For Research and Development

General Bill by Bogdanoff
Tax Credits For Research and Development: Provides a tax credit for certain research and development expenses. Provides eligibility requirements for research and development tax credits. Provides limitations regarding eligibility. Provides an amount for such credit. Provides a maximum amount of credit that may be taken during a single tax year by a business enterprise. Prohibits the Department of Revenue from unreasonably withholding approval to sell or transfer an unused tax credit amount, etc.
Effective Date: 07/01/2011 and is effective for tax years beginning on or after January 1, 2012
Last Event: 05/07/11 S Died in Budget Subcommittee on Finance and Tax, 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: 04/05/11 10:15 AM
    • Favorable (final action) Votes: Yeas 6   Nays 0
  • Budget Subcommittee on Finance and Tax
    • On agenda for: 04/13/11 9:15 AM
  • Budget
  • Rules

Related Bills

Bill # Subject Relationship
Bill #: CS/HB 671 Subject: Research and Development Tax Credits Relationship: Similar
Bill #: CS/HB 143 Subject: Economic Development Relationship: Compare

Bill Text

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Budget Subcommittee on Finance and Tax 4/11/2011 10:15:52 AM
Chamber: Senate Committee: Commerce and Tourism 4/5/2011 3:06:06 PM
Chamber: Senate Committee: Commerce and Tourism 4/4/2011 12:10:45 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Died in Budget Subcommittee on Finance and Tax, 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Event: S Indefinitely postponed and withdrawn from consideration Time: 05/07/2011 - 12:01 AM Member: Committee: Version: __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 On Committee agenda-- Budget Subcommittee on Finance and Tax, 04/13/11, 9:15 am, 301 Senate Office Building --Not Considered Time: 04/08/2011 - 5:28 PM Member: Committee: Version: __
Event: S Subreferred to Budget Subcommittee on Finance and Tax -SJ 473 Time: 04/08/2011 - 5:02 PM Member: Committee: Version: __
Event: S Now in Budget Subcommittee on Finance and Tax Time: 04/08/2011 - 4:54 PM Member: Committee: Version: __
Event: S Also referred to Rules -SJ 461 Time: 04/07/2011 - 7:16 PM Member: Committee: Version: __
Event: S Now in Budget -SJ 322 Time: 04/05/2011 - 3:20 PM Member: Committee: Version: __
Event: S Favorable by Commerce and Tourism; YEAS 6 NAYS 0 -SJ 322 Time: 04/05/2011 - 12:48 PM Member: Committee: Version: __
Event: S On Committee agenda-- Commerce and Tourism, 04/05/11, 10:15 am, 401 Senate Office Building Time: 03/31/2011 - 2:51 PM Member: Committee: Version: __
Event: S Introduced -SJ 73 Time: 03/07/2011 - 5:34 PM Member: Committee: Version: __
Event: S Referred to Commerce and Tourism; Budget -SJ 73 Time: 02/17/2011 - 3:28 PM Member: Committee: Version: __
Event: S Filed Time: 02/09/2011 - 2:44 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, SB 790, CS/CS/HB 873*, HB 1099, SB 1208, SB 1222, CS/SB 1224, HB 1275, SB 1296, SB 1820, HB 7203*
220.194 HB 197, SB 264, SB 266, HB 397, HB 447, CS/HB 671, SB 774, HB 819, CS/CS/HB 873*, CS/SB 1224, SB 1376, SB 1958, HB 7203*

(*) Not the latest version