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Investment Tax Credits
Bill # HF 2231
Bill Name Investment Tax Credits
House Action Passed Committee
Senate Action None
Final Action

None

Details
The bill increases the current limitation on the total aggregate amount of investment tax credits for seed capital and business investments from $10 million to $12.5 million and limits the total amount of tax credits for the fiscal year beginning July 1, 2008, to $2.5 million.  Also changes the eligibility requirements for qualifying businesses from $10 million to $5 million.


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