2007 Senate Bill 576

Expand certain business subsidy tax credit eligibility

Introduced in the Senate

June 7, 2007

Introduced by Sen. Hansen Clarke (D-1)

To lower from $100,000 to $25,000 the size of an initial investment in an "advanced automotive, manufacturing, and materials technology" business subsidized through an income tax credit under a provision of a “community-based seed capital fund” related to the “21st Century Jobs Fund” business subsidy program.

Referred to the Committee on Economic Development and Regulatory Reform