Bills · 2011-2012 Regular Session
an income and franchise tax credit for lumber manufacturing facility investments and making an appropriation.
- 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 in an amount equal to 10
percent of the amount that a taxpayer pays in a taxable year for lumber
manufacturing modernization and expansion. If the credit amount exceeds the
amount of the taxpayer's tax liability, the taxpayer will receive a refund.
What it would cost
Fiscal estimates filed by state agencies, as official PDFs
Sponsors
Full history
- Nov 3, 2011 · Assembly
Introduced by Representatives Mursau, Spanbauer, T. Larson, LeMahieu, Bies, Brooks, Endsley, A. Ott, Ripp and Ballweg;Cosponsored by Senator Holperin
- Nov 3, 2011 · Assembly
Read first time and referred to committee on Jobs, Economy and Small Business
- Nov 14, 2011 · Assembly
Fiscal estimate received
- Mar 23, 2012 · Assembly
Failed to pass pursuant to Senate Joint Resolution 1