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House Bill 1008


House Bill 1008

ARCHIVE (2011)

Latest Information

 

DIGEST OF HB 1008 (Updated March 7, 2011 12:30 pm - DI 113)


Venture capital investment tax credit. Increases the maximum amount of tax credits available under the venture capital investment tax credit for the provision of qualified investment capital to a particular qualified Indiana business from $500,000 to $1,000,000 for calendar years after 2010. Requires investments eligible for the venture capital investment tax credit to be made before January 1, 2015, instead of January 1, 2013. Suspends, beginning July 1, 2011, and ending June 30, 2013, the application fee allowed in current law for applicants seeking certification for the venture capital investment tax credit.
Current Status:
 In Committee - 2nd House
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