Martha M. Mugler
- Democratic
Primary
Research and development tax credits. Provides that the research and development expenses tax credit and the major research and development expenses tax credit shall be available against the bank franchise tax for taxable years beginning on and after January 1, 2021. Under current law, the credits are available only against the individual and corporate income tax.
Research and development tax credits. Providesthat the research and development expenses tax credit and the majorresearch and development expenses tax credit shall be available againstthe bank franchise tax for taxable years beginning on and after January 1, 2021. Under current law, the credits are available only againstthe individual and corporate income tax.
Approved by Governor-Chapter 47 (effective 7/1/21)
Governor's Action Deadline 11:59 p.m., March 31, 2021
Enrolled Bill communicated to Governor on February 25, 2021
Signed by Speaker
Impact statement from TAX (HB1916ER)
Enrolled
Signed by President
Passed Senate (38-Y 1-N)
Read third time
Constitutional reading dispensed (37-Y 0-N)
Reported from Finance and Appropriations (13-Y 0-N)
Continued to 2021 Sp. Sess. 1 in Finance and Appropriations (16-Y 0-N)
Referred to Committee on Finance and Appropriations
Constitutional reading dispensed
VOTE: Block Vote Passage (100-Y 0-N)
Read third time and passed House BLOCK VOTE (100-Y 0-N)
Read second time and engrossed
Read first time
Reported from Finance (22-Y 0-N)
Subcommittee recommends reporting (11-Y 0-N)
Assigned Finance sub: Subcommittee #2
Impact statement from TAX (HB1916)
Referred to Committee on Finance
Prefiled and ordered printed; offered 01/13/21 21101909D
| Bill Text Versions | Format |
|---|---|
| Prefiled and ordered printed; offered 01/13/21 21101909D | HTML |
| HB1916ER | HTML |
| CHAP0047 | HTML |
| Document | Format |
|---|---|
| Fiscal Impact Statement: HB1916F161.PDF |
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