General Bill
Small Business Growth:
Revises order in which credits against corporate income tax or franchise tax may be taken to include certain credits relating to corporation's execution of business contract with small business; redefines term "adjusted federal income" to include amount of such tax credits; provides tax credits for use by corporation against state corporate income tax in amount equal to specified percentage of corporation's payments to small business providing goods or services to corporation pursuant to contract; provides qualification criteria; requires business to submit application to DEO for approval to earn credits; provides application requirements; provides procedures & requirements for department approval; specifies amount of tax credit; prohibits tax credits from being carried forward or backward or being transferred or sold; provides criminal & administrative penalties for fraudulently claiming tax credits; authorizes DEO & DOR to adopt rules.
Effective Date:
January 1, 2013
Last Event:
Died in Business & Consumer Affairs Subcommittee on Friday, March 9, 2012 11:59 PM
| Bill #
|
Subject
|
Relationship
|
|
Bill #:
SB 1288
|
Subject:
Small Business Growth
|
Relationship:
Similar
|
|
Bill #:
SB 76
|
Subject:
Job Creation
|
Relationship:
Compare
|
| Event |
Time |
Member |
Committee |
Ver. |
|
Event:
H Died in Business & Consumer Affairs Subcommittee
|
Time:
03/09/2012 - 11:59 PM
|
Member:
|
Committee:
Business & Consumer Affairs Subcommittee
|
Version:
__
|
|
Event:
H 1st Reading
|
Time:
01/10/2012 - 11:59 PM
|
Member:
|
Committee:
|
Version:
__
|
|
Event:
H Now in Business & Consumer Affairs Subcommittee
|
Time:
12/28/2011 - 11:00 AM
|
Member:
|
Committee:
Business & Consumer Affairs Subcommittee
|
Version:
__
|
|
Event:
H Referred to Economic Affairs Committee
|
Time:
12/28/2011 - 11:00 AM
|
Member:
|
Committee:
Economic Affairs Committee
|
Version:
__
|
|
Event:
H Referred to Finance & Tax Committee
|
Time:
12/28/2011 - 11:00 AM
|
Member:
|
Committee:
Finance & Tax Committee
|
Version:
__
|
|
Event:
H Referred to Rulemaking & Regulation Subcommittee
|
Time:
12/28/2011 - 11:00 AM
|
Member:
|
Committee:
Rulemaking & Regulation Subcommittee
|
Version:
__
|
|
Event:
H Referred to Business & Consumer Affairs Subcommittee
|
Time:
12/28/2011 - 11:00 AM
|
Member:
|
Committee:
Business & Consumer Affairs Subcommittee
|
Version:
__
|
|
Event:
H Filed
|
Time:
12/16/2011 - 8:16 AM
|
Member:
Cruz
|
Committee:
|
Version:
__
|
| Statute
|
Other Bill Citations
|
|
220.02
|
SB 76,
HB 105,
SB 160,
SB 236,
SB 588,
HB 767,
SB 1288,
HB 1345,
HB 1413
|
|
220.13
|
SB 76,
HB 105,
SB 160,
SB 236,
SB 588,
HB 767,
SB 1288,
HB 1335,
HB 1345,
HB 1413,
SB 1590
|
|
220.1945
|
|