Income tax subtractions and credits for investments in technology businesses.
Summary
Modifies the qualified equity and subordinated debt investments tax credit by (i) increasing the maximum amount of credits that can be issued each year from $5 million to $7.5 million, (ii) allocating the $2.5 million annual increase in credits to cybersecurity businesses, and (iii) allowing credit for investments in technology businesses with no more than 50 full-time employees.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2017
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2017
Last action Feb 7, 2017
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
2
Jan 17, 2017
Committee
Assigned Finance sub: Subcommittee #2
legislature
Jan 9, 2017
Committee
Referred to Committee on Finance
legislature
Jan 9, 2017
Introduced
Prefiled and ordered printed; offered 01/11/17 17102085D
legislature
1 primary · 7 co-sponsors
Sponsors
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