Staff Analysis of the Legislation
|
04.10.2013 The House Ways and Means Sales and Income Tax subcommittee carried this bill over. Members plan to use H3505 as the vehicle to pass this legislation. Summary of the bill as introduced: Creates state nonrefundable income tax credits for qualified investments in businesses meeting certain criteria and primarily engaged in manufacturing, processing, warehousing, wholesaling, software development, IT services, research and development.
|