BILL · 1997–98 SESSION
HB 2751: Comm develpmnt financ instit
Providing tax incentives for community development financial institutions.
Summary
- A credit is provided against the business and occupation (B&O) tax or the insurance premiums tax that is equal to 20 percent of a qualified deposit made by a business to a community development financial institution. A qualified deposit is a deposit that does not earn interest, or an equity investment, that is equal to or greater than $50,000 and is made for a minimum duration of 60 months.
From the House Bill Analysis (HB 2751), written by the Legislature's nonpartisan staff. Read the full report ↗
Did not pass Did not pass · died in committee
- IntroducedJan 19, 1998
- Out of committeestopped here
- Passed House
- Passed Senate
- Governor
- Law
- Prime sponsor
- Velma Veloria (D-11)
- Introduced
- January 19, 1998 in the House
- Last action
- January 19, 1998
- Budget
- Has a fiscal note
Sponsors
Prime sponsor: Velma Veloria (D-11)
5 co-sponsors (5 Democrats, 0 Republicans)
Votes
No recorded floor votes. This measure never reached a floor vote.
History
The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.
HB 2751 in other sessions
Bill numbers restart every two years, so the same number is a different bill in each session.
- HB 2751 (2019–20) Tribal-state relations
- HB 2751 (2017–18) Deduction of union dues
- HB 2751 (2015–16) Pesticide exposure
- HB 2751 (2013–14) Legal financial obligations
- HB 2751 (2011–12) Local transportation revenue
- HB 2751 (2009–10) Cmty & tech college trustees
- HB 2751 (2007–08) Honey beekeeper taxation
- HB 2751 (2005–06) School administrators