EDGE-CREDIT LIMIT
Summary
Amends the Economic Development for a Growing Economy Tax Credit Act. Provides that, for all Agreements entered into on or after the effective date of the amendatory Act, and all modifications to or restructuring of Agreements occurring on or after the effective date of the amendatory Act, the total amount of the Credit used by any Taxpayer shall not exceed $500,000 for any taxable year, including any amount carried forward from a prior taxable year. Effective immediately.
Bill status
failed
1 of 4 stages cleared
Introduction
Feb 2012
Committee Review
Floor Vote
Governor
Introduced Feb 1, 2012
Last action Jan 8, 2013
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
8
Key actions
0
Committee
5
Jan 8, 2013
Senate · Failed
Session Sine Die
Mar 30, 2012
Senate · Referred to committee
Rule 3-9(a) / Re-referred to Assignments
Mar 9, 2012
Senate · Reported by committee
Rule 2-10 Committee Deadline Established As March 30, 2012
Mar 1, 2012
Senate · Reported by committee
To Revenue Subcommittee on Tax Credits
Feb 7, 2012
Senate · Referred to committee
Assigned to Revenue
Feb 1, 2012
Senate · Referred to committee
Referred to Assignments
0 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
Co
Chris Lauzen
RRepublican
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