Mamie Locke
- Democratic
- Senator
- District 23
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 against the bank franchise tax for taxable years beginning on and after January1, 2021. Under current law, the credits are available only againstthe individual and corporate income tax.
Approved by Governor-Chapter 48 (effective 7/1/21)
Impact statement from TAX (SB1112ER)
Governor's Action Deadline 11:59 p.m., March 31, 2021
Enrolled Bill Communicated to Governor on February 22, 2021
Signed by Speaker
Enrolled
Signed by President
Read third time
VOTE: Block Vote Passage (100-Y 0-N)
Passed House BLOCK VOTE (100-Y 0-N)
Read second time
Reported from Finance (21-Y 0-N)
Impact statement from TAX (SB1112E)
Continued to Special Session 1 in Finance
Referred to Committee on Finance
Placed on Calendar
Read first time
Read third time and passed Senate (39-Y 0-N)
Printed as engrossed 21101371D-E
Engrossed by Senate as amended SB1112E
Read second time
Committee amendments agreed to
Reading of amendments waived
Constitutional reading dispensed (39-Y 0-N)
Senate committee, floor amendments and substitutes offered
Reported from Finance and Appropriations with amendments (15-Y 0-N)
Impact statement from TAX (SB1112)
Referred to Committee on Finance and Appropriations
Prefiled and ordered printed; offered 01/13/21 21101371D
| Bill Text Versions | Format |
|---|---|
| Prefiled and ordered printed; offered 01/13/21 21101371D | HTML |
| Printed as engrossed 21101371D-E | HTML |
| SB1112ER | HTML |
| CHAP0048 | HTML |
| Document | Format |
|---|---|
| Fiscal Impact Statement: SB1112F161.PDF | |
| Amendment: SB1112AS | HTML |
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