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Session 117 - (2007-2008)Printer Friendly
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S 0877 General Bill, By Campsen
Summary: Research and Development Tax Credit Reform Act
A BILL TO ENACT THE RESEARCH AND DEVELOPMENT TAX CREDIT REFORM ACT BY AMENDING SECTION 12-6-3415 OF THE 1976 CODE, RELATING TO THE CORPORATE INCOME TAX AND CORPORATE LICENSE TAX CREDIT ALLOWED TAXPAYERS CLAIMING A FEDERAL INCOME TAX CREDIT FOR RESEARCH ACTIVITY, TO ALLOW THE CREDIT AGAINST ANY INCOME TAX IMPOSED PURSUANT TO THE SOUTH CAROLINA INCOME TAX ACT.
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Summary: Research and Development Tax Credit Reform Act
A BILL TO ENACT THE RESEARCH AND DEVELOPMENT TAX CREDIT REFORM ACT BY AMENDING SECTION 12-6-3415 OF THE 1976 CODE, RELATING TO THE CORPORATE INCOME TAX AND CORPORATE LICENSE TAX CREDIT ALLOWED TAXPAYERS CLAIMING A FEDERAL INCOME TAX CREDIT FOR RESEARCH ACTIVITY, TO ALLOW THE CREDIT AGAINST ANY INCOME TAX IMPOSED PURSUANT TO THE SOUTH CAROLINA INCOME TAX ACT.
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| 12/05/07 | Senate | Prefiled |
| 12/05/07 | Senate | Referred to Committee on Finance |
| 01/08/08 | Senate | Introduced and read first time SJ-41 |
| 01/08/08 | Senate | Referred to Committee on Finance SJ-41 |