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LA SB99

Bill

Status

Vetoed

6/30/2011

Primary Sponsor

Walt Leger

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Origin

Senate

2011 Regular Session

AI Summary

Legislative Description

Authorizes the issuance of $30 million more New Market Tax Credits, provides for when the credits may be issued and taken on a return, and extends the period tax credits are allowed from ending on December 31, 2013, to an indefinite period if the qualified equity investment is issued prior to December 31, 2014. (gov sig) (EN -$30,000,000 GF RV See Note)

TAX/TAXATION

Last Action

Vetoed by the Governor.

6/30/2011

Committee Referrals

Revenue & Fiscal Affairs4/14/2011

Full Bill Text

No bill text available