2003 House Bill 5322

Senate Roll Call 659: Passed

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get the advantages proposed by Senate Bill 835 even after the SBT is gone (assuming the elimination of the SBT is not repealed).

38 Yeas / 0 Nays
Republican (22 Yeas / 0 Nays)
Democrat (16 Yeas / 0 Nays)