Bill Text | History of Actions | Background | Title |
Description: Income tax; allow credit for materials donated to volunteers performing relief work necessitated by Hurricane Katrina.
Bill Text: [Introduced]
| 1 | 02/14 (S) Referred To Finance | |
| 2 | 02/22 (S) Died In Committee |
| Effective date | January 1, 2006 | |
| Disposition | Dead | |
| Deadline | Revenue | |
| Revenue | Yes | |
| Vote type required | Three/Fifths |
Senate Committee:
Principal Author: Doxey
Title: AN ACT TO PROVIDE AN INCOME TAX CREDIT IN AN AMOUNT EQUAL TO THE VALUE OF ANY PRODUCT OR MATERIALS THAT THE TAXPAYER DONATES DURING CALENDAR YEAR 2005 AND 2006 THAT ARE UTILIZED BY VOLUNTEERS IN PERFORMING RELIEF WORK NECESSITATED AS A RESULT OF HURRICANE KATRINA IN THE SIX SOUTHERNMOST COUNTIES OF THE STATE. TO OBTAIN THE CREDIT, THE TAXPAYER SHALL PROVIDE THE STATE TAX COMMISSION SUCH DOCUMENTATION AS THE COMMISSION MAY REQUIRE; AND FOR RELATED PURPOSES.
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2006/html/History/SB/SB3062.htm