2005 Senate Bill 641

Senate Roll Call 437: Passed

To authorize Single Business Tax credits for a firm that contributes to the “individual or family development account” program proposed by Senate Bill 640, which would establish tax exempt accounts for low income persons or families that could be used by the beneficiary for qualified education, home acquisition or repair, or business start-up expenses. The aggregate amount of tax credits statewide could not $1 million each year.

37 Yeas / 0 Nays
Republican (22 Yeas / 0 Nays)
Democrat (15 Yeas / 0 Nays)
Excused or Not Voting (1)