Bills · 2009-2010 Regular Session
a tax credit for hospitality business advertising.
- Introduced, stopped here
- Passes Assembly, not reached
- Passes Senate, not reached
- Governor signs, not reached
- Law, not reached
Unfamiliar terms? Glossary
What this bill does
Plain-language analysis by the nonpartisan Legislative Reference Bureau
This bill creates an income and franchise tax credit equal to 10 percent of the
amount that a taxpayer spends in the taxable year on advertising outside of this state
to promote the taxpayer's hospitality business located in this state. If the credit
claimed by a taxpayer exceeds the taxpayer's tax liability, the state will not issue a
refund check, but the taxpayer may carry forward any remaining credit to
subsequent taxable years.
What it would cost
Fiscal estimates filed by state agencies, as official PDFs
Sponsors
Full history
- Mar 19, 2010 · Assembly
Introduced by Representatives Bies, Meyer, Mursau, Clark, Brooks, LeMahieu, Spanbauer, Vos, Townsend, Gunderson and Petrowski;Cosponsored by Senators Holperin, A. Lasee, Olsen, Schultz and Leibham
- Mar 19, 2010 · Assembly
Read first time and referred to joint committee on Finance
- Apr 5, 2010 · Assembly
Fiscal estimate received
- Apr 28, 2010 · Assembly
Failed to pass pursuant to Senate Joint Resolution 1