BILL · 2005–06 SESSION

HB 1723: High tech b & o tax credit

Modifying the high technology business and occupation tax credit.

Summary

  • Modifies the calculation of the high technology research and development business & occupation tax credit to reflect all qualified research and development spending and the service activities tax rate of 1.5 percent.
  • Authorizes an extension to file the annual survey required of businesses that take the high tech B&O tax credit if the delay was for reasons beyond the business' control.

From the House Bill Analysis (HB 1723), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedFeb 2, 2005
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Ross Hunter (D-48)
Introduced
February 2, 2005 in the House
Last action
January 9, 2006
Budget
Has a fiscal note

AN ACT Relating to modifying the high technology business and occupation tax credit to 1.5 percent;

Sponsors

Prime sponsor: Ross Hunter (D-48)

5 co-sponsors (4 Democrats, 1 Republican)

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. By resolution, reintroduced and retained in present status.
  2. First reading, referred to Finance.

HB 1723 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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