Staff Analysis of the Legislation
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05.30.2013 The Senate Finance committee gave this bill a favorable report with an amendment. The amedment adds the date of January 1 for the annual submission of data. 04.17.2013 The House Ways and Means committee gave this bill a favorable report. Summary of the bill as introduced: Provides 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 and research and development.
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