Introduced
by
To provide refundable income tax credits to investors in companies selected by the early stage venture capital investment corporation proposed by Senate Bill 834. The income tax credits would be coordinated with the elimination of the Single Business Tax (SBT) scheduled for 2009, allowing investors in the proposed corporation to continue to get the advantages proposed by Senate Bill 835 even after the SBT is gone (assuming the elimination of the SBT is not repealed). See also House Bills 5320 to 5322.
Referred to the Committee on Commerce and Labor
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 38 to 0 (details)
Referred to the Committee on Commerce
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
