BILL · 2005–06 SESSION

HB 2772: Tax incentive programs

Streamlining the administration of tax incentive programs.

Summary

  • Consolidates and streamlines the provisions of the high-tech research and development sales and use tax deferral, the rural county/distressed area sales and use tax deferral, and fruit and vegetable processing sales and use tax deferral.
  • Extends the date by which eligible businesses may apply for credit under the business and occupation tax credit program for job creation.
  • Modifies accountability provisions in recent tax incentive programs to provide consistency.
  • Allows the Department of Revenue to disclose certain taxpayer information in statutorily required studies of tax incentive programs if the number of participating taxpayers is very small.

From the House Bill Analysis (HB 2772), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 12, 2006
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Kelli Linville (D-42)
Introduced
January 12, 2006 in the House
Last action
January 12, 2006
Companion bill
SB 6764
Budget
Has a fiscal note

AN ACT Relating to the administration of tax incentive programs;

Sponsors

Votes

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

History

  1. First reading, referred to Finance.

HB 2772 in other sessions

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

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