SB 50

  • Indiana Senate Bill
  • 2021 Regular Session
  • Introduced in Senate
  • Senate
  • House
  • Governor

Venture capital investment tax credit.

Abstract

Provides that debt from qualified investment capital must be for a repayment term of at least 12 months. Clarifies that the Indiana economic development corporation (IEDC) shall certify businesses that are engaged in sectors not excluded by the statute from eligibility and that are determined by the IEDC to have the significant potential to meet the listed statutory criteria. Removes limitations on retail businesses for the qualified Indiana business certification by the IEDC.

Bill Sponsors (2)

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Actions


Jan 11, 2021

Senate

Senator Walker K added as coauthor

Jan 04, 2021

Senate

Authored by Senator Zay

Senate

First reading: referred to Committee on Tax and Fiscal Policy

  • Reading-1
  • Referral-Committee
tax and fiscal policy

Bill Text

Bill Text Versions Format
Introduced Senate Bill (S) PDF

Related Documents

Document Format
Fiscal Note: SB0050.01.INTR.FN001 PDF

Sources

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