2015 Regular Session
|At the request of:||(at the request of House Interim Committee on Revenue)|
|Bill Title:||Relating to use of tax credits to satisfy corporate minimum tax; prescribing an effective date; providing for revenue raising that requires approval by a three-fifths majority.|
Provides that corporate minimum tax may not be reduced, paid or otherwise satisfied by use of tax credits, other than certain tax credits allowed for energy conservation facilities.
Applies to tax years beginning on or after January 1, 2015. Takes effect on 91st day following adjournment sine die.
|Fiscal Impact:||May Have Fiscal Impact, But No Statement Yet Issued|
|Revenue Impact:||May Have Revenue Impact, But No Statement Yet 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|