2011 Regular Session
|At the request of:|
|Bill Title:||Relating to rate of tax on capital gains; prescribing an effective date.|
Reduces rate of tax on capital gains of personal income and corporate income and excise taxpayers if, after effective date of Act, amount equal to gain is invested as seed capital in emerging growth business during tax year.
Applies to tax years beginning on or after January 1, 2011, and before January 1, 2015. Takes effect on 91st day following adjournment sine die. .
|Fiscal Impact:||Fiscal Impact Issued|
|Revenue Impact:||Revenue Impact Issued|
|Measure Analysis:||Staff Measure Summary / Impact Statements|
|Current Location:||In House Committee|
|Current Committee:||House Committee On Revenue|
|Potential Conflicts of Interest/Vote Explanations:||Potential Conflicts of Interest/Vote Explanation Documents|