CS/CS/SB 1390 (2021) -  Tax Credits

General Bill by Finance and Tax and Commerce and Tourism and Gruters
Tax Credits: Providing a credit against the corporate income tax, the sales and use tax, or a stated combination of the two taxes to a qualifying business that establishes a qualifying project for the creation of intellectual property which meets certain capital investment criteria; providing a credit against the corporate income tax, the sales and use tax, or a stated combination of the two taxes to a qualifying business that incurs eligible production infrastructure costs that exceed a certain threshold; providing a credit against the corporate income tax, for a specified amount and for a specified taxable year, for taxpayers classified in the passenger car rental or leasing industry which meet certain criteria, etc.
Effective Date: 07/01/2021
Last Event: 04/30/21 S Died in Appropriations on Friday, April 30, 2021 2:40 PM

Referred Committees and Committee Actions

Senate Referrals

  • Commerce and Tourism
    • On agenda for: 03/29/21 3:30 PM
    • Favorable With Committee Substitute (final action) Votes: Yeas 11   Nays 0
  • Finance and Tax
    • On agenda for: 04/14/21 9:00 AM
    • Favorable With Committee Substitute (final action) Votes: Yeas 8   Nays 0
  • Appropriations

Related Bills

Bill # Subject Relationship
Bill #: HB 1125 Subject: Capital Investment Tax Credit Relationship: Compare

Bill Text

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Finance and Tax 4/14/2021 4:19:34 PM
Chamber: Senate Committee: Finance and Tax 4/13/2021 8:28:06 AM
Chamber: Senate Committee: Commerce and Tourism 3/30/2021 2:44:40 PM
Chamber: Senate Committee: Commerce and Tourism 3/26/2021 3:26:55 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Died in Appropriations Time: 04/30/2021 - 2:40 PM Member: Committee: Appropriations Version: c2
Event: S Now in Appropriations Time: 04/19/2021 - 8:24 AM Member: Committee: Appropriations Version: c2
Event: S CS/CS by Finance and Tax read 1st time -SJ 467 Time: 04/14/2021 - 9:40 PM Member: Committee: Finance and Tax Version: c2
Event: S Pending reference review under Rule 4.7(2) - (Committee Substitute) Time: 04/14/2021 - 6:36 PM Member: Committee: Finance and Tax Version: c2
Event: S CS/CS by Finance and Tax; YEAS 8 NAYS 0 -SJ 465 Time: 04/14/2021 - 10:55 AM Member: Committee: Finance and Tax Version: c1
Event: S On Committee agenda-- Finance and Tax, 04/14/21, 9:00 am, 110 Senate Building Time: 04/09/2021 - 3:02 PM Member: Committee: Finance and Tax Version: c1
Event: S Now in Finance and Tax Time: 03/31/2021 - 9:37 AM Member: Committee: Finance and Tax Version: c1
Event: S CS by Commerce and Tourism read 1st time -SJ 329 Time: 03/30/2021 - 5:06 PM Member: Committee: Commerce and Tourism Version: c1
Event: S Pending reference review under Rule 4.7(2) - (Committee Substitute) Time: 03/30/2021 - 3:26 PM Member: Committee: Commerce and Tourism Version: c1
Event: S CS by Commerce and Tourism; YEAS 11 NAYS 0 -SJ 325 Time: 03/29/2021 - 6:15 PM Member: Committee: Commerce and Tourism Version: __
Event: S On Committee agenda-- Commerce and Tourism, 03/29/21, 3:30 pm, 110 Senate Building Time: 03/24/2021 - 2:24 PM Member: Committee: Commerce and Tourism Version: __
Event: S Introduced -SJ 136 Time: 03/02/2021 - 11:09 AM Member: Committee: Version: __
Event: S Referred to Commerce and Tourism; Finance and Tax; Appropriations -SJ 136 Time: 02/24/2021 - 4:07 PM Member: Committee: Commerce and Tourism Version: __
Event: S Filed Time: 02/17/2021 - 4:38 PM Member: Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
220.191 HB 863, HB 999, HB 1125, CS/SB 1246
220.197
288.1089 HB 1125, CS/CS/HB 1463, CS/CS/SB 1948