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LA SB7

Bill

Status

Introduced

2/16/2016

Primary Sponsor

Jack Donahue

Click for details

Origin

Senate

2016 First Extraordinary Session

AI Summary

Legislative Description

Establishes a baseline limit on all claims against income and franchise tax for Angel Investor Tax Credit Program filed during a fiscal year on a first-income, first-served basis and gives claims above the amount priority in the next fiscal year. (gov sig) (OR SEE FISC NOTE GF RV)

TAX/TAXATION

Last Action

Rules suspended. Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Revenue and Fiscal Affairs.

2/16/2016

Committee Referrals

Revenue & Fiscal Affairs2/16/2016

Full Bill Text

No bill text available