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2004 SESSION

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SB 65 Enterprise zones; real property investment tax credit.

Introduced by: Stephen H. Martin | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Enterprise Zone Act. Increases the maximum real property investment tax credit from $125,000 per small qualified zone resident in any five-year period to $125,000 per zone resident per facility placed in service. The new maximum credit amount only applies to expanded, rehabilitated, or newly constructed real property that is placed in service in taxable years beginning on or after January 1, 2003.

FULL TEXT

• 01/14/04  Senate: Presented & ordered printed, prefiled 12/29/03 042917760  pdf | impact statement

HISTORY

• 01/14/04  Senate: Presented & ordered printed, prefiled 12/29/03 042917760
• 01/14/04  Senate: Referred to Committee on Commerce and Labor
• 01/19/04  Senate: Pursuant to S. Rule20(j), rerefer.by C.& L. (15-Y 0-N)
• 01/19/04  Senate: Rereferred to Finance
• 02/11/04  Senate: Continued to 2005 in Finance by voice vote