Bill Summary for H 906 (2015-2016)

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Summary date: 

Apr 20 2015

Bill Information:

View NCGA Bill Details2015-2016 Session
House Bill 906 (Public) Filed Wednesday, April 15, 2015
AN ACT TO REENACT THE TAX CREDITS FOR QUALIFIED BUSINESS INVESTMENTS.
Intro. by R. Moore, Hamilton, Goodman, Alexander.

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Bill summary

Reenacts Part 5 of Article 4 of Subchapter 1 of GS Chapter 105, Tax Credits for Qualified Business Investments, as it existed immediately before its repeal.

Makes the sunset date for this Part January 1, 2020 (was, January 1, 2014).

Effective for taxable years beginning on or after January 1, 2015.