2012-02-17                     House Journal                      Page 1610
HB 118                                                                                                                        
The Finance Committee considered:                                                                                               
                                                                                                                                
     HOUSE BILL NO. 118                                                                                                         
     "An Act relating to a tax credit for corporate income taxes paid for                                                       
     qualified research and development expenditures; and providing                                                             
     for an effective date."                                                                                                    
                                                                                                                                

2012-02-17                     House Journal                      Page 1611
and recommends it be replaced with:                                                                                             
                                                                                                                                
     CS FOR HOUSE BILL NO. 118(FIN)                                                                                             
     "An Act relating to a tax credit for qualified research and                                                                
    development expenditures; and providing for an effective date."                                                            
                                                                                                                                
The report was signed by Representatives Stoltze and Thomas, Co-                                                                
chairs, with the following individual recommendations:                                                                          
                                                                                                                                
Do pass (2):  Neuman, Costello                                                                                                  
                                                                                                                                
No recommendation (4):  T. Wilson, Edgmon, Stoltze, Thomas                                                                      
                                                                                                                                
Amend (3):  Gara, Guttenberg, Doogan                                                                                            
                                                                                                                                
The following fiscal note(s) apply to CSHB 118(FIN):                                                                            
                                                                                                                                
2.  Zero, Dept. of Labor & Workforce Development                                                                                
3.  Indeterminate, Dept. of Revenue                                                                                             
                                                                                                                                
HB 118 was referred to the Rules Committee for placement on the                                                                 
calendar.