DE HB218 | 2011-2012 | 146th General Assembly

Delaware House Bill 218 (Prior Session Legislation)

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on June 29 2011 - 25% progression, died in committee
Action: 2011-06-29 - Introduced and Assigned to Revenue & Finance Committee in House
Pending: House Revenue & Finance Committee
Text: Latest bill text (Draft #1) [HTML]

Summary

This Act establishes a tax credit for Delaware taxpayers who invest in Certified Delaware Investment Funds. The purpose of the tax credit, equal to 25% of the amount of such investment, is to encourage investment in Delaware-based venture capital funds into which the State of Delaware has also made an investment

Title

An Act To Amend Title 30 Of The Delaware Code Relating To Business Tax Credits And Deductions.

History

Date	Chamber	Action
2011-06-29		Introduced and Assigned to Revenue & Finance Committee in House

Delaware State Sources

Type	Source
Summary	http://legis.delaware.gov/LIS/lis146.nsf/2bede841c6272c888025698400433a04/f7a99a0e64de24f2852578bd006f73a7?OpenDocument
Text	http://legis.delaware.gov/LIS/lis146.nsf/vwLegislation/HB+218/$file/legis.html?open