2003-2004 Regular Session - SB 558
Income Tax; qualified biotech. businesses; transfer of credit; conditions
First Reader Summary
A BILL to be entitled an Act to amend Article 2 of Chapter 7 of Title 48 of the Official Code of Georgia Annotated, relating to the imposition, rate, and computation of income tax, so as to provide for an income tax credit with respect to qualified biotechnology businesses; to provide for definitions; to provide for conditions and limitations; to provide for transfer of such credits; to provide for powers, duties, and authority of the state revenue commissioner with respect to the foregoing; to provide an effective date; to provide for applicability; to repeal conflicting laws; and for other purposes.
Feb/24/2004 - Senate Read and Referred
Feb/23/2004 - Senate Hopper