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2011 SESSION
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.
FULL TEXT
HISTORY
- 01/17/11 House: Presented and ordered printed 11103421D
- 01/17/11 House: Referred to Committee on Finance
- 01/19/11 House: Assigned Finance sub: #3
- 01/28/11 House: Subcommittee recommends laying on the table by voice vote
- 02/08/11 House: Left in Finance