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Bills · 2015-2016 Regular Session

AB 757

Died at session end Official bill text Atom feed

Relating to: an industry cluster research and development tax credit. (FE)

Business Franchise — Taxation Income tax — Credit Industrial development Insurance Organization, miscellaneous

  1. Introduced, stopped here
  2. Passes Assembly, not reached
  3. Passes Senate, not reached
  4. Governor signs, not reached
  5. 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 25 percent of a

taxpayer's qualified research expenses for research conducted in this state, if the

research is approved by an industry cluster partnership. An industry cluster

partnership is, generally, a nonprofit organization that primarily assists in

developing and supporting a regional concentration of private sector businesses that

share a common interest in fostering industry-specific research and development.

What it would cost

Fiscal estimates filed by state agencies, as official PDFs

Sponsors

Introduced by: Ballweg (R) , E. Brooks (R) , Kitchens (R) , Neylon (R) , Petryk (R)

2 cosponsors

Allen (R) , Darling (R)

Votes

Assembly: Report Assembly Amendment 1 adoption recommended by Committee on Jobs and the Economy, Ayes 15, Noes 0

Passed 15–0 Feb 9, 2016 official source full page

No individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.

Assembly: Report passage as amended recommended by Committee on Jobs and the Economy, Ayes 14, Noes 1

Passed 14–1 Feb 9, 2016 official source full page

No individual roll call was recorded for this vote. Committee votes and some older sessions record totals only.

Full history

  1. Jan 20, 2016 · Assembly

    Introduced by Representatives Neylon, Ballweg, Kitchens, E. Brooks and Petryk; cosponsored by Senator Darling

  2. Jan 20, 2016 · Assembly

    Read first time and referred to Committee on Jobs and the Economy

  3. Jan 21, 2016 · Assembly

    Fiscal estimate received

  4. Jan 27, 2016 · Assembly

    Representative Allen added as a coauthor

  5. Jan 27, 2016 · Assembly

    Assembly Amendment 1 offered by Representative Neylon

  6. Jan 27, 2016 · Assembly

    Public hearing held

  7. Feb 2, 2016 · Assembly

    Executive action taken

  8. Feb 9, 2016 · Assembly

    Report Assembly Amendment 1 adoption recommended by Committee on Jobs and the Economy, Ayes 15, Noes 0

  9. Feb 9, 2016 · Assembly

    Report passage as amended recommended by Committee on Jobs and the Economy, Ayes 14, Noes 1

  10. Feb 9, 2016 · Assembly

    Referred to joint committee on Finance

  11. Apr 13, 2016 · Assembly

    Failed to pass pursuant to Senate Joint Resolution 1