Bill Title: Venture capital tax credits. 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 to be the lesser of: (1) the total amount of qualified investment capital provided to the qualified business multiplied by 25%; or (2) $1,500,000; for calendar years after 2015. Removes a provision that prohibits a taxpayer from being entitled to a credit for providing qualified investment capital to a qualified Indiana business after December 31, 2016. Increases the total amount of tax credits that may be approved by

Spectrum: Slight Partisan Bill (Republican 3-1)

Status: (Introduced - Dead) 2015-02-02 - Representatives Sullivan and Stemler added as coauthor [HB1604 Detail]

Text: Latest bill text (Introduced) [PDF]

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