HOUSE OF REPRESENTATIVES

H.B. NO.

2984

TWENTY-FIFTH LEGISLATURE, 2010

 

STATE OF HAWAII

 

 

 

 

 

 

A BILL FOR AN ACT

 

 

RELATING TO tax credits.

 

 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:

 


     SECTION 1.  Section 235-110.91, Hawaii Revised Statutes, is amended by amending subsection (j) to read as follows:

     "(j)  This section shall not apply to taxable years beginning after December 31, [2010.] 2011."

     SECTION 2.  Statutory material to be repealed is bracketed and stricken.  New statutory material is underscored.

     SECTION 3.  This Act shall take effect upon its approval and shall apply to taxable years beginning after December 31, 2009.

 

INTRODUCED BY:

_____________________________

 

 


 


 

Report Title:

Tax Credit; Research Activities

 

Description:

Extends the tax credit for research activities for 1 year.

 

 

 

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