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H 3505 - High Growth Small Business Access to Capital Act of 2013

Tracking Level: Passed
Sponsor: Dwight A. Loftis (R)
Last Action: 6/24/2013 - Act No. 80
House Committee: WM
Senate Committee: Fin
Assigned To:
Economic DevelopmentNext Bill

Staff Analysis of the Legislation

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.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text

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