2005 Senate Bill 387

Senate Roll Call 260: Passed

To authorize a refundable Single Business Tax (SBT) credit of 10 percent of the first $10,000 that a company with 250 or fewer employees pays for qualified college courses taken by an employee over age 24 with family income of less than $103,000 ($51,000 for a single person). These would not include sports or non-credit courses, or required continued education courses related to the employee’s job.

36 Yeas / 1 Nay
Republican (22 Yeas / 0 Nays)
Democrat (14 Yeas / 1 Nay)
Excused or Not Voting (1)