HB 1218 IN
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Summary
Increases, from $100,000 to $250,000, the annual additional incremental income tax deposit amount that a certified technology park captures once it has reached its limit on deposits. Clarifies the calculation of the additional incremental income tax deposit amount in the year in which a certified technology park reaches its limit on deposits.
Sponsor (1)
- Dave Heine Republican · author
Action history (2)
- Jan 14, 2021 Authored by Representative Heine · lower
- Jan 14, 2021 First reading: referred to Committee on Ways and Means · lower
Subjects
INCOME TAXES, Local Income TaxesSCIENCE AND TECHNOLOGYTAXES generally
Text versions (1)
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