Capital Investment Tax Credit
Summary
Capital Investment Tax Credit; Providing a credit against the corporate income tax, the sales and use tax, or a stated combination of the two taxes to a qualifying business that establishes a qualifying project for the creation of intellectual property which meets a certain capital investment threshold; specifying the calculation of the credit; authorizing use of the credit or portions of the credit by the business or members of its affiliated group of corporations; authorizing use of the credit within a certain timeframe, etc.
Bill status
died
1 of 4 stages cleared
Introduction
Jan 2022
Committee Review
Floor Vote
Governor
Introduced Jan 18, 2022
Last action Mar 14, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
8
Key actions
2
Committee
3
Jan 24, 2022
Upper · Passed
Favorable by Commerce and Tourism; YEAS 8 NAYS 1
upper
Jan 19, 2022
Upper · Passed
On Committee agenda-- Commerce and Tourism, 01/24/22, 3:00 pm, 110 Senate Building
upper
Jan 18, 2022
Introduced
Introduced
upper
Jan 12, 2022
Committee
Referred to Commerce and Tourism; Finance and Tax; Appropriations
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Joe Gruters
RRepublican
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