Bill Text | History of Actions | Background | Title |
Description: Income tax; allow credit for nonreimbursed expenses of Hurricane Katrina volunteers and materials they donated to the relief effort.
Bill Text: [Introduced]
| 1 | 02/14 (S) Referred To Finance | |
| 2 | 02/22 (S) Died In Committee |
| Effective date | January 1, 2005 | |
| 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 ANY NON-REIMBURSED EXPENSES INCURRED BY VOLUNTEERS AS A RESULT OF HURRICANE KATRINA RELIEF WORK; TO PROVIDE AN INCOME TAX CREDIT IN AN AMOUNT EQUAL TO THE VALUE OF ANY PRODUCTS OR MATERIALS DONATED TO THE RELIEF EFFORT NECESSITATED AS A RESULT OF HURRICANE KATRINA, TO ALLOW THE CREDIT TO BE CARRIED BACK FOR ONE YEAR AND CARRIED FORWARD FOR FIVE CONSECUTIVE TAX YEARS; AND FOR RELATED PURPOSES.
End Of Document
2006/html/History/SB/SB3065.htm