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ID H0066

Bill

Official Source

Status

Introduced

1/28/2011

Primary Sponsor

Lynn Luker

Click for details

Origin

House of Representatives

2011 Regular Session

AI Summary

  • Increases food tax credits by $10 annually after tax year 2008 until each credit reaches $190, subject to legislative and gubernatorial limitations
  • Freezes credit amounts from January 1, 2012 through December 31, 2012 at tax year 2011 levels, with adjustments resuming July 1, 2012
  • Allows credit increases to be suspended if both legislative houses adopt a concurrent resolution and the governor issues an executive order during budget constraint periods
  • Exempts raw or fresh fruits and vegetables from retail sales taxes, with broad interpretation to include edible plants but excluding processed items except those processed only for harvesting, cleaning, trimming, and fresh packing

Legislative Description

Amends and adds to existing law relating to food tax credits to provide that certain credits allowed shall be increased until such time as each credit equals ninety dollars and to provide that for a certain period the amount of the credit shall be no greater than the credit provided for in tax year 2011.

FOOD TAX CREDITS

Last Action

to Rev/Tax

1/31/2011

Committee Referrals

Revenue and Taxation1/31/2011

Full Bill Text

No bill text available