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House Bill 1168


House Bill 1168

ARCHIVE (2013)

Latest Information

 

DIGEST OF INTRODUCED BILL


Venture capital income tax credit. Provides that if the Indiana economic development corporation (IEDC) makes certain findings with respect to a business, the IEDC may certify that business as a qualified Indiana business for purposes of the venture capital investment tax credit. (Current law provides that the IEDC shall certify the business if the IEDC makes those findings.) Makes investments in a business involving professional services provided by a physician eligible for the venture capital investment tax credit. (Under current law, a business involving professional services provided by an accountant, a lawyer, or a physician is not eligible for the credit.)
Current Status:
 In Committee - first House
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