HI SB2829 | 2010 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 27 2010 - 25% progression, died in chamber
Action: 2010-02-11 - (S) Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
Text: Latest bill text (Amended) [HTML]
Status: Introduced on January 27 2010 - 25% progression, died in chamber
Action: 2010-02-11 - (S) Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
Text: Latest bill text (Amended) [HTML]
Summary
Establishes a new markets tax credit for a taxpayer that holds a qualified equity investment on a credit allowance date. Provides an exemption for the new markets tax credit from the requirements of section 704(b)(2) of the Internal Revenue Code. Authorizes the department of taxation to recapture any portion of a tax credit. (SD1)
Title
New Markets Tax Credit; Section 704(b)(2)
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2010-02-11 | (S) Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM. | |
| 2010-02-11 | (S) Reported from EDT (Stand. Com. Rep. No. 2187) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM. | |
| 2010-02-08 | (S) The committee(s) on EDT recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EDT were as follows: 3 Aye(s): Senator(s) Fukunaga, Baker, Ige; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Hee, Slom. | |
| 2010-02-05 | (S) The committee(s) on EDT deferred the measure until 02-08-10 1:30pm in conference room 016. | |
| 2010-01-29 | (S) The committee(s) on EDT has scheduled a public hearing on 02-05-10 1:45pm in conference room 016. | |
| 2010-01-28 | (S) Referred to EDT, WAM. | |
| 2010-01-27 | (S) Passed First Reading. | |
| 2010-01-27 | (S) Introduced. |
