Introduced
by
To authorize Single Business Tax credits for a firm that provides money for the reserve account of a non-profit organization that creates the “individual or family development accounts” proposed by House Bill 5027. Additional credits would be available for contributions from banks, and to cover the administration costs of banks that maintain the accounts.
Referred to the Committee on Banking and Financial Services
Reported without amendment
With the recommendation that the substitute (H-2) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.
The substitute passed by voice vote
Passed in the House 106 to 0 (details)
To authorize Single Business Tax credits for a firm that provides money for the reserve account of a non-profit organization that creates the “individual or family development accounts” proposed by Senate Bill 640. Additional credits would be available for contributions from banks, and to cover the administration costs of banks that maintain the accounts.
Referred to the Committee on Banking and Financial Institutions
Reported without amendment
With the recommendation that the substitute (S-2) be adopted and that the bill then pass.
