HI SB2323 | 2014 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 10-0)
Status: Engrossed on March 4 2014 - 50% progression, died in chamber
Action: 2014-03-10 - Re-referred to FIN, referral sheet 30
Text: Latest bill text (Amended) [HTML]
Status: Engrossed on March 4 2014 - 50% progression, died in chamber
Action: 2014-03-10 - Re-referred to FIN, referral sheet 30
Text: Latest bill text (Amended) [HTML]
Summary
Clarifies that sections 41 and 280C(c) of the Internal Revenue Code shall be relied upon for calculating the state tax credit for research activities, except that references to the base amount shall not apply and credit for all qualified research expenses may be taken without regard to the amount of expenses for previous years. Appropriates moneys for a compliance specialist position within DBEDT to assist with administration of the tax credit. Effective 07/01/2050. (SD1)
Title
Tax Credit; Research Activities ($)
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2014-03-10 | House | Re-referred to FIN, referral sheet 30 |
| 2014-03-06 | House | Referred to EDB, FIN, referral sheet 28 |
| 2014-03-06 | House | Pass First Reading |
| 2014-03-04 | House | Received from Senate (Sen. Com. No. 158) in amended form (SD 1). |
| 2014-03-04 | Senate | Passed Third Reading, as amended (SD 1). Ayes, 23; Aye(s) with reservations: none . Noes, 0 (none). Excused, 2 (Hee, Shimabukuro). Transmitted to House. |
| 2014-02-28 | Senate | 48 Hrs. Notice 03-04-14. |
| 2014-02-28 | Senate | Report adopted; Passed Second Reading, as amended (SD 1). |
| 2014-02-28 | Senate | Reported from WAM (Stand. Com. Rep. No. 2541) with recommendation of passage on Second Reading, as amended (SD 1) and placement on the calendar for Third Reading. |
| 2014-02-25 | Senate | The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 13 Aye(s): Senator(s) Ige, Kidani, Chun Oakland, Dela Cruz, English, Espero, Kahele, Keith-Agaran, Kouchi, Ruderman, L. Thielen, Tokuda, Slom; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none. |
| 2014-02-12 | Senate | The committee(s) on WAM deferred the measure until 02-25-14 9:00AM in conference room 211. |
| 2014-02-07 | Senate | The committee(s) on WAM has scheduled a public hearing on 02-12-14 10:30AM in conference room 211. |
| 2014-01-21 | Senate | Referred to WAM. |
| 2014-01-17 | Senate | Passed First Reading. |
| 2014-01-17 | Senate | Introduced. |
Same As/Similar To
HB1704 (Same As) 2014-04-24 - Conference Committee Meeting will reconvene on Friday 04-25-14 2:30PM in conference room 309.
