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2005 SESSION
HB 1744 Income tax, state & corporate; credit for purchase of equipment for processing recyclable materials.
Introduced by: Lacey E. Putney | all patrons ... notes | add to my profiles
SUMMARY AS PASSED HOUSE: (all summaries)
Income tax credit; purchase of machinery and equipment for processing recyclable materials. Extends from 10 years to 20 years the carryover period for individual and corporate income tax credits allowed for the purchase of machinery and equipment for processing recyclable materials. The bill also revives the individual income tax credit for such purposes that expired on January 1, 2004, retroactively to that date. The credit is equal to 10 percent of the purchase price paid for the equipment.
FULL TEXT
- 01/03/05 House: Prefiled & ordered printed; offered 01/12/05 053041476 pdf | impact statement
- 02/03/05 House: Committee substitute printed 053114476-H1 pdf | impact statement
HISTORY
- 01/03/05 House: Prefiled & ordered printed; offered 01/12/05 053041476
- 01/03/05 House: Referred to Committee on Finance
- 01/12/05 House: Assigned to Finance sub-committee: #1
- 02/02/05 House: Reported from Finance with sub (22-Y 0-N)
- 02/03/05 House: Committee substitute printed 053114476-H1
- 02/04/05 House: Read first time
- 02/05/05 House: Read second time
- 02/05/05 House: Committee substitute agreed to 053114476-H1
- 02/05/05 House: Engrossed by House - committee substitute HB1744H1
- 02/07/05 House: Read third time and passed House BLOCK VOTE (95-Y 0-N)
- 02/07/05 House: VOTE: BLOCK VOTE PASSAGE (95-Y 0-N)
- 02/07/05 House: Communicated to Senate
- 02/08/05 Senate: Constitutional reading dispensed
- 02/08/05 Senate: Referred to Committee on Finance
- 02/17/05 Senate: Left in Finance