2004 Senate Bill 1456

Tax break for “seed capital” investments

Introduced in the Senate

Nov. 3, 2004

Introduced by Sen. Mike Bishop (R-12)

To authorize a Single Business Tax credit for a company that invests in a “community-based seed capital fund,” or in certain new small businesses that meet a set of criteria proposed in the bill and are not retail, real estate, or health care businesses.

Referred to the Committee on Economic Development, Small Business, and Regulatory Reform