HB2109 - TAXATION - Kennedy, Harry
HB2109 Expands the application of the tax credit available for net expenditures made for the participation of students in a sponsorship and mentoring program.
Sponsor: Kennedy, Harry (66) Effective Date:00/00/0000
CoSponsor: LR Number: 4633L.01I
Last Action: 03/08/2000 - Read second time (H)
HB2109
Next Hearing:Hearing not scheduled
Calendar:Bill currently not on calendar
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Available Bill Summaries for HB2109 Copyright(c)
* Introduced

Available Bill Text for HB2109
* Introduced *

BILL SUMMARIES

INTRODUCED

HB 2109 -- Taxation:  Tax Credit for Mentoring Program

Sponsor:  Kennedy

This bill expands the sponsorship and mentoring program tax
credit by allowing taxpayers to take eligible tax credits
against insurance premiums tax and financial institutions tax.

The bill also clarifies that the tax credits from the program
cannot be taken against withholding taxes.


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Last Updated October 5, 2000 at 11:36 am