Did not become law. It stopped in the House of Representatives's Revenue Committee on June 29, 2009. The 2009 session has ended.
2009 Regular Session
House Bill 2777
Creates income tax credit for qualified investments in machinery and equipment.
What it does
The synopsis the Legislative Assembly published with the bill.
Creates income tax credit for qualified investments in machinery and equipment. <b>Requires taxpayer, to claim credit, to use machinery or equipment for at least 36 consecutive months following date on which it is put in service.</b> Limits total amount of credit that may be claimed in biennium and limits amount each taxpayer may claim. Applies to tax years beginning on or after January 1, 2010, but permits qualified investments purchased on or after July 1, 2009, to be considered qualified investments for 2010 tax year. Sunsets program by prohibiting certification of new qualified investments on or after July 1, <i>2015</i>]<b> 2014</b>.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the House of Representatives
Sponsor
Its course
February 19 to June 29, 2009, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action8 actions on 7 days
In the House of RepresentativesFeb 19 to Jun 29 · stopped130 days
Waiting for a committeeFeb 19 to Feb 256 days
Sustainability and Economic DevelopmentFeb 25 to Apr 3064 days
RevenueApr 30 to Jun 29 · stopped60 days
Amendments
Each amendment offered, and what became of it.
House of Representatives committee amendmentAdopted
Adopted Apr 30
Text
Each version as the Legislative Assembly printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the Legislative Assembly published it is below.
In the House of Representatives Feb 19 – Jun 29
- Feb 19Introduced
- Feb 25Sent to Sustainability and Economic Development
- Apr 21Heard in Sustainability and Economic Development
- Apr 23Heard in Sustainability and Economic Development
- Apr 30Sustainability and Economic Development recommended it as amended, and that it go to Revenue
- Sent to Revenue
- May 11Heard in Revenue
- Jun 29Died when the session ended
All 8 actions, as published
- Feb 19First reading. Referred to Speaker's desk.House of Representatives
- Feb 25Referred to Sustainability and Economic Development with subsequent referral to Revenue.House of Representatives
- Apr 21Public Hearing and Work Session held.House of Representatives
- Apr 23Work Session held.House of Representatives
- Apr 30Recommendation: Do pass with amendments, be printed A-Engrossed, and be referred to Revenue by prior reference.House of Representatives
- Apr 30Referred to Revenue by prior reference.House of Representatives
- May 11Public Hearing held.House of Representatives
- Jun 29In committee upon adjournment.House of Representatives