CS/SB 1240 (2020) -  Corporate Income Tax Credit

General Bill by Commerce and Tourism and Gruters
Corporate Income Tax Credit: Defining the term “NAICS”; providing a credit against the corporate income tax, for a specified amount and for a specified taxable year, for taxpayers classified in the sales financing or passenger car rental or leasing industries which meet certain criteria, etc.
Effective Date: Upon becoming a law
Last Event: 03/14/20 S Died in Finance and Tax on Saturday, March 14, 2020 12:00 AM

Referred Committees and Committee Actions

Senate Referrals

  • Commerce and Tourism
    • On agenda for: 02/04/20 9:00 AM
    • Favorable With Committee Substitute (final action) Votes: Yeas 5   Nays 0
  • Finance and Tax
  • Appropriations

Related Bills

(No Related Bills On Record)

Bill Text

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Commerce and Tourism 2/5/2020 3:31:46 PM
Chamber: Senate Committee: Commerce and Tourism 2/3/2020 8:54:33 AM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Died in Finance and Tax Time: 03/14/2020 - 12:00 AM Member: Committee: Finance and Tax Version: c1
Event: S Indefinitely postponed and withdrawn from consideration Time: 03/14/2020 - 12:00 AM Member: Committee: Version: c1
Event: S Now in Finance and Tax Time: 02/10/2020 - 1:36 PM Member: Committee: Finance and Tax Version: c1
Event: S CS by Commerce and Tourism read 1st time -SJ 247 Time: 02/06/2020 - 3:31 PM Member: Committee: Commerce and Tourism Version: c1
Event: S Pending reference review under Rule 4.7(2) - (Committee Substitute) Time: 02/05/2020 - 3:49 PM Member: Committee: Commerce and Tourism Version: __
Event: S CS by Commerce and Tourism; YEAS 5 NAYS 0 -SJ 240 Time: 02/04/2020 - 11:06 AM Member: Committee: Commerce and Tourism Version: __
Event: S On Committee agenda-- Commerce and Tourism, 02/04/20, 9:00 am, 110 Senate Building Time: 01/30/2020 - 4:07 PM Member: Committee: Commerce and Tourism Version: __
Event: S On Committee agenda-- Commerce and Tourism, 01/28/20, 1:30 pm, 110 Senate Building --Not Considered Time: 01/23/2020 - 3:41 PM Member: Committee: Commerce and Tourism Version: __
Event: S Introduced -SJ 90 Time: 01/14/2020 - 11:02 AM Member: Committee: Version: __
Event: S Referred to Commerce and Tourism; Finance and Tax; Appropriations -SJ 90 Time: 01/08/2020 - 10:03 AM Member: Committee: Commerce and Tourism Version: __
Event: S Filed Time: 12/13/2019 - 9:23 AM Member: Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
220.197 SB 286, HB 1069, SB 1526, CS/HB 7097*

(*) Not the latest version