2007 Regular Session


File Code: Taxes - Miscellaneous
Sponsored By:
Delegate Feldman
Biotechnology Investment Tax Credits


Authorizing specified investors and venture capital firms to claim a specified tax credit against the State premium tax in a specified manner; authorizing specified venture capital firms to allocate specified tax credits to specified persons in a specified manner; requiring the Department of Business and Economic Development to issue and send a specified certificate to specified investors or venture capital firms; altering the limits on the maximum tax credit that may be claimed; etc.

History by Legislative and Calendar Date

House Action
First Reading Ways and Means
Hearing 3/15 at 1:00 p.m.
Senate Action
No Action

Bill indexed under the following Subjects:

Business and Economic Development, Department of
Commerce and Business -see also- Dealers; Traders; etc
Industry and Technology
Insurance -see also- Health Ins; MAIF; Motor Vehicle Ins
Investments -see also- Securities
Limited Liability Companies
Medical Research
Revenue and Taxes -see also- Dev Fees &Taxes; specific tax
Small Business
Tax Credits -see also- Circuit Breaker

Bill affects the following Statutes:

( 6-122 )
Tax - General
( 10-725 )


Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered