Roy Ashburn
- Republican
Author
The Personal Income Tax Law and the Corporation Tax Law authorize various credits against the taxes imposed by those laws. This bill would, for taxable years beginning on or after January 1, 2010, allow a credit against the taxes imposed by those laws in an amount equal to 6% of the amount paid or incurred by the qualified taxpayer, that is engaged in specified green technology and renewable energy resource lines of business, during the taxable year for qualified property, as defined, that is placed in service in this state. This bill would provide that credits allowable for specified taxable years would be allowed only against the taxes imposed for taxable years beginning on or after January 1, 2014, as prescribed. This bill would take effect immediately as a tax levy.
No votes to display
From committee without further action.
Placed on REV. & TAX. suspense file.
From committee with author's amendments. Read second time. Amended. Re-referred to Com. on REV. & TAX.
Set for hearing May 12.
Set, first hearing. Hearing canceled at the request of author.
Set for hearing April 28.
To Com. on REV. & TAX.
From print. May be acted upon on or after March 20.
Introduced. Read first time. To Com. on RLS. for assignment. To print.
| Bill Text Versions | Format |
|---|---|
| SB1074 | HTML |
| 02/17/10 - Introduced | |
| 05/03/10 - Amended Senate |
| Document | Format |
|---|---|
| No related documents. |
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