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2011 SESSION

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HB 2400 Income tax, corporate; subcontracts tax credit.

Introduced by: David A. Nutter | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Corporate income tax; subcontracts tax credit.  Provides a corporate income tax credit for certain large businesses that enter into qualified subcontracts with small businesses. The amount of the credit is six percent of the value of a large business's new qualified subcontracts or the increase in the existing subcontracts.


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