IN HB1008 | 2011 | Regular Session

Status

Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Engrossed on February 17 2011 - 50% progression, died in committee
Action: 2011-03-08 - Committee report: amend do pass, reassigned to Committee on Tax and Fiscal Policy
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Engrossed) [HTML]

Summary

Increases the maximum amount of tax credits available under the venture capital investment tax credit for the provision of qualified investment capital to a particular qualified Indiana business from $500,000 to $1,000,000 for calendar years after 2010. Requires investments eligible for the venture capital investment tax credit to be made before January 1, 2015, instead of January 1, 2013. Suspends, beginning July 1, 2011, and ending June 30, 2013, the application fee allowed in current law for applicants seeking certification for the venture capital investment tax credit.

Tracking Information

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Title

Venture capital investment tax credit.

Sponsors


Roll Calls

2011-02-17 - House - House - Third reading: passed (Y: 96 N: 0 NV: 0 Abs: 4) [PASS]
2011-02-15 - House - House - Amendment 1 (Crawford), prevailed (Y: 60 N: 34 NV: 3 Abs: 3) [PASS]

History

DateChamberAction
2011-03-08 Committee report: amend do pass, reassigned to Committee on Tax and Fiscal Policy
2011-02-21 First reading: referred to Committee on Commerce & Economic Development
2011-02-17 Senate sponsors: Senators Hershman, Kenley and Arnold
2011-02-17 Referred to the Senate
2011-02-17 Third reading: passed; Roll Call 197: yeas 96, nays 0
2011-02-15 Amendment 1 (Crawford), prevailed; Roll Call 156: yeas 60, nays 34
2011-02-15 Second reading: amended, ordered engrossed
2011-02-10 Committee report: do pass, adopted
2011-01-27 Referred to Committee on Ways and Means pursuant to House Rule 127
2011-01-24 Representative Welch added as coauthor
2011-01-24 Committee report: do pass, adopted
2011-01-12 First reading: referred to Committee on Commerce, Small Business and Economic Development
2011-01-12 Coauthored by Representatives Heuer and Kubacki
2011-01-12 Authored by Representative Torr

Indiana State Sources


Bill Comments

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