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2017 SESSION
HB 1433 Neighborhood Assistance Act Tax Credit; allocation to certain organizations.
Introduced by: Peter F. Farrell | all patrons ... notes | add to my profiles
SUMMARY AS ENACTED WITH GOVERNOR'S RECOMMENDATION: (all summaries)
Neighborhood Assistance Act Tax Credit program. Modifies the requirement that at least 10 percent of all available Neighborhood Assistance Act tax credits be allocated to organizations that have not previously received tax credits by providing that the allocation for such organizations is required only if the General Assembly increases the amount of available credits year over year. The bill requires that the allocation be at least 10 percent of credits created by the increase rather than 10 percent of all available credits. Current law limits credits to $9 million for education proposals approved by the Superintendent of Public Instruction and $8 million for proposals approved by the Commissioner of Social Services. The bill contains an emergency clause.
FULL TEXT
- 11/16/16 House: Prefiled and ordered printed; offered 01/11/17 17100793D pdf | impact statement
- 02/13/17 House: Bill text as passed House and Senate (HB1433ER) pdf | impact statement
- 02/23/17 House: Reenrolled bill text (HB1433ER2) pdf
- 02/23/17 Governor: Acts of Assembly Chapter text (CHAP0147) pdf
AMENDMENTS
HISTORY
- 11/16/16 House: Prefiled and ordered printed; offered 01/11/17 17100793D
- 11/16/16 House: Referred to Committee on Finance
- 01/11/17 House: Assigned Finance sub: Subcommittee #2
- 01/18/17 House: Subcommittee recommends reporting (10-Y 0-N)
- 01/23/17 House: Reported from Finance (20-Y 2-N)
- 01/24/17 House: Read first time
- 01/25/17 House: Read second time and engrossed
- 01/26/17 House: Read third time and passed House (91-Y 8-N)
- 01/26/17 House: VOTE: PASSAGE (91-Y 8-N)
- 01/27/17 Senate: Constitutional reading dispensed
- 01/27/17 Senate: Referred to Committee on Finance
- 02/07/17 Senate: Reported from Finance (15-Y 0-N)
- 02/08/17 Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/09/17 Senate: Read third time
- 02/09/17 Senate: Passed Senate (40-Y 0-N)
- 02/13/17 House: Enrolled
- 02/13/17 House: Bill text as passed House and Senate (HB1433ER)
- 02/13/17 House: Signed by Speaker
- 02/13/17 Senate: Signed by President
- 02/14/17 House: Enrolled Bill communicated to Governor on 2/14/17
- 02/14/17 Governor: Governor's Action Deadline Midnight, February 21, 2017
- 02/17/17 House: Governor's recommendation received by House
- 02/22/17 House: Placed on Calendar
- 02/22/17 House: House concurred in Governor's recommendation (100-Y 0-N)
- 02/22/17 House: VOTE: ADOPTION EMERGENCY (100-Y 0-N)
- 02/23/17 Senate: Senate concurred in Governor's recommendation (39-Y 0-N)
- 02/23/17 Governor: Emergency clause added by Governor's recommendation
- 02/23/17 Governor: Governor's recommendation adopted
- 02/23/17 House: Reenrolled
- 02/23/17 House: Reenrolled bill text (HB1433ER2)
- 02/23/17 House: Signed by Speaker as reenrolled
- 02/23/17 Senate: Signed by President as reenrolled
- 02/23/17 House: Enacted, Chapter 147 (effective 2/23/17)
- 02/23/17 Governor: Acts of Assembly Chapter text (CHAP0147)