Bill Summary for S 341 (2015-2016)

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Bill: REENACT QUALIFIED BUSINESS INVESTMENT CREDIT.

Summary date: 

Mar 19 2015

Bill Information:

View NCGA Bill Details2015-2016 Session
Senate Bill 341 (Public) Filed Thursday, March 19, 2015
AN ACT TO REENACT THE TAX CREDIT FOR QUALIFIED BUSINESS INVESTMENTS.
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Bill summary

Amends the sunset date for the Tax Credit for Qualified Business Investments as found in GS Chapter 105, Article 4, Part 5 to be January 1, 2019 (was, January 1, 2014).

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