SB 1268 (2020) -  Capital Investment Tax Credit

by Gruters
Providing a credit against the corporate income tax, the sales and use tax, or a stated combination of the two taxes to a qualifying business that establishes a qualifying project for the creation of intellectual property which meets certain capital investment criteria; authorizing the carryover or transfer of credits, subject to certain conditions, etc.
Effective Date: Upon becoming a law
Last Event: 03/14/20 S Died in Innovation, Industry, and Technology on Saturday, March 14, 2020 12:00 AM

Referred Committees and Committee Actions

Senate Referrals

  • Innovation, Industry, and Technology
    • On agenda for: 02/10/20 1:30 PM
  • Finance and Tax
  • Appropriations

Related Bills

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Innovation, Industry, and Technology 2/7/2020 12:06:07 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Died in Innovation, Industry, and Technology Time: 03/14/2020 - 12:00 AM Member: Committee: Innovation, Industry, and Technology Version: __
Event: S Indefinitely postponed and withdrawn from consideration Time: 03/14/2020 - 12:00 AM Member: Committee: Version: __
Event: S On Committee agenda-- Innovation, Industry, and Technology, 02/10/20, 1:30 pm, 110 Senate Building --Temporarily Postponed Time: 02/05/2020 - 5:51 PM Member: Committee: Innovation, Industry, and Technology Version: __
Event: S Introduced -SJ 93 Time: 01/14/2020 - 11:02 AM Member: Committee: Version: __
Event: S Referred to Innovation, Industry, and Technology; Finance and Tax; Appropriations -SJ 93 Time: 01/08/2020 - 10:03 AM Member: Committee: Innovation, Industry, and Technology Version: __
Event: S Filed Time: 12/17/2019 - 11:49 AM Member: Committee: Version: __

Statutes Referenced by this Bill