H.B.201. Make Angel Investment Credit Refundable

New Mexico House of Representatives
Last action 4 months ago
Polls (open):

Summary

                    House Bill 201 makes the angel investment tax credit refundable. Currently, the credit may only be deducted from income tax liability and carried forward up to five years.

There is no effective date of this bill, but the provisions apply to taxable years beginning on or after January 1, 2018. 
                

In an effort to be an unbiased source of information, all text in this summary comes directly from government resources.

Actions

  • DO PASS committee report adopted

    Wed, Feb 7th 2018
  • DO PASS committee report adopted

    Fri, Feb 2nd 2018
  • Sent to House Labor and Economic Development Committee & House Taxation and Revenue Committee

    Wed, Jan 24th 2018