Bill Text: MA S1364 | 2009-2010 | 186th General Court | Introduced
Bill Title: For legislation relative to expanding the investment tax credit
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2009-01-20 - Public Hearing date 4/15 at 10:00 AM in Hearing Room B2 [S1364 Detail]
Download: Massachusetts-2009-S1364-Introduced.html
The Commonwealth of Massachusetts
_______________
PRESENTED BY:
Richard R. Tisei
_______________
To the
Honorable Senate and House of Representatives of the Commonwealth of
Massachusetts in General
Court assembled:
The undersigned legislators and/or citizens respectfully petition for the passage of the accompanying bill:
An Act relative to expanding the investment tax credit.
_______________
PETITION OF:
|
Name: |
District/Address: |
|
Richard R. Tisei |
Middlesex and Essex |
|
Bruce E. Tarr |
First Essex and Middlesex |
|
Michael R. Knapik |
Second Hampden and Hampshire |
|
Robert L. Hedlund |
Plymouth and Norfolk |
|
Scott P. Brown |
Norfolk, Bristol and Middlesex |
[SIMILAR MATTER FILED IN PREVIOUS
SESSION
SEE SENATE, NO. S01821 OF 2007-2008.]
The Commonwealth of
Massachusetts
_______________
In the Year Two Thousand and Nine
_______________
An Act relative to expanding the investment tax credit.
Be
it enacted by the Senate and House of Representatives in General Court
assembled, and by the authority of the same, as follows:
SECTION 1. Section 38C of chapter 63, as amended by section 27 of chapter 163 of the acts of 2005 is hereby amended by striking the following: - “provided however, that a corporation that qualifies as a domestic research and development corporation only by reason of its expenditures shall not be entitled to the credit provided in section 31A by virtue of its qualification as a domestic research and development corporation.”
