Bills · 2013-2014 Regular Session
Relating to: a tax credit for hospitality business advertising. (FE)
Advertisement Amusement Business Franchise — Taxation Hotel and motel Income tax — Credit Radio Real id act of 2005 _federal_ Recreation Recreation vehicle Referendum Restaurant Television
- Introduced, stopped here
- Passes Senate, not reached
- Passes Assembly, 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
- May 8, 2013 · Senate
Introduced by Senator Kedzie; cosponsored by Representatives Bies, Ballweg, Bernier, Kleefisch and T. Larson
- May 8, 2013 · Senate
Read first time and referred to Committee on Workforce Development, Forestry, Mining, and Revenue
- May 28, 2013 · Senate
Fiscal estimate received
- Apr 8, 2014 · Senate
Failed to pass pursuant to Senate Joint Resolution 1