RELATING TO TAX CREDITS.
Summary
Changes the aggregate cap amount of the tax credit for research activities to an unspecified amount. Effective 7/1/2050. Applies to taxable years beginning after 12/31/2020. (SD1)
Bill status
passed
3 of 5 stages cleared
Introduction
Jan 2020
Committee Review
Mar 2020
Senate Passage
Mar 2020
House Passage
Governor
Introduced Jan 17, 2020
Last action Mar 16, 2020
Floor votes · Senate Mar 3, 2020
How they voted
25–0
Passed
Total votes 25
Mar 3, 2020
D
Democratic24
100% Yea
R
Republican1
100% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
15
Key actions
4
Committee
5
Mar 9, 2020
Committee
Referred to EDB, FIN, referral sheet 36
lower
Mar 3, 2020
Introduced
Received from Senate (Sen. Com. No. 282) in amended form (SD 1).
lower
Mar 3, 2020
Upper · Passed
Passed Third Reading, as amended (SD 1). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
upper
Feb 26, 2020
Upper · Passed
The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 10 Aye(s): Senator(s) Dela Cruz, Keith-Agaran, English, Inouye, Kanuha, Kidani, Moriwaki, Riviere, Shimabukuro, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 3 Excused: Senator(s) Harimoto, K. Kahele, Taniguchi.
upper
Feb 25, 2020
Upper · Passed
The committee(s) on WAM deferred the measure until 02-26-20 1:45PM in conference room 211.
upper
Feb 21, 2020
Upper · Passed
The committee(s) on WAM has scheduled a public hearing on 02-25-20 12:25PM in conference room 211.
upper
Jan 23, 2020
Committee
Referred to WAM.
upper
Jan 17, 2020
Introduced
Introduced.
upper
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
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