Bill Text | History of Actions | Amendments | Background | Title |
Description: Income tax; authorize a credit for a portion of the cost of certain equipment to distribute biodiesel.
Bill Text: [Introduced] [Committee Substitute] [Passed Senate]
| 1 | 02/07 (S) Referred To Finance | |
| 2 | 02/15 (S) Title Suff Do Pass Comm Sub | |
| 3 | 02/21 (S) Committee Substitute Adopted | |
| 4 | 02/21 (S) Amended | |
| 5 | 02/21 (S) Passed As Amended {Vote} | |
| 6 | 02/22 (S) Transmitted To House | |
| 7 | 02/23 (H) Referred To Ways and Means | |
| 8 | 03/12 (H) Title Suff Do Pass As Amended | |
| 9 | 03/13 (H) Amended | |
| 10 | 03/13 (H) Passed As Amended {Vote} | |
| 11 | 03/14 (H) Returned For Concurrence | |
| 12 | 03/15 (S) Decline to Concur/Invite Conf | |
| 13 | 03/20 (S) Conferees Named Robertson,Morgan,Walley | |
| 14 | 03/22 (H) Conferees Named Watson,Franks,Coleman (65th) | |
| 15 | 03/25 Suspend from Deadlines by HC 111 | |
| 16 | 03/26 Suspend from Deadlines by HC 116 | |
| 17 | 03/28 Suspend from Deadlines by HC 119 | |
| 18 | 03/29 (S) Died In Conference |
| Adopted | [S] | Amendment No 1 (Cmte Sub) Voice Vote |
| Adopted | [S] | Amendment No 2 (Cmte Sub) Voice Vote |
| Adopted | [H] | Committee Amendment No 1 Voice Vote |
| [H] | Amendment Report for Senate Bill No. 3111 |
| Effective date | January 1, 2008 | |
| Disposition | Dead | |
| Deadline | Revenue | |
| Revenue | Yes | |
| Vote type required | Three/Fifths | |
| Suspension measure | HC 119 |
Senate Committee:
House Committee:
Principal Author: Lee (35th)
Title: AN ACT TO AUTHORIZE AN INCOME TAX CREDIT FOR TAXPAYERS IN THE BUSINESS OF DISTRIBUTING MOTOR FUEL IN THE AMOUNT OF 25% OF THE COST OF NONMOVABLE EQUIPMENT FOR THE DISTRIBUTION OF BIODIESEL AND THE COST OF INSTALLATION OF SUCH EQUIPMENT; TO REQUIRE THAT THE CREDIT MAY NOT BE CLAIMED UNTIL THE NONMOVABLE EQUIPMENT HAS BEEN UTILIZED EXCLUSIVELY FOR THE DISTRIBUTION OF BIODIESEL FOR NOT LESS THAN 12 CONSECUTIVE MONTHS; TO PROVIDE THAT ANY TAX CREDIT CLAIMED UNDER THIS ACT BUT NOT USED MAY BE CARRIED FORWARD FOR FIVE CONSECUTIVE TAXABLE YEARS; TO PROVIDE THAT THE CREDIT UTILIZED IN ANY YEAR SHALL BE LIMITED TO AN AMOUNT NOT GREATER THAN THE TOTAL STATE INCOME TAX LIABILITY OF THE TAXPAYER; AND FOR RELATED PURPOSES.
End Of Document
2007/html/History/SB/SB3111.htm