Bill Summaries: S645 (2011-2012 Session)

Tracking:
  • Bill S 645 (2011-2012)
    Summary date: Apr 18 2011 - View summary

    Under current law, Article 3B of GS Chapter 105 provides for Business and Energy Tax Credits and sets a cap on the business and energy tax credits allowed under Article 3B. Amends GS 105-129.17(b) to apply the cap only to specified business tax credits, removing the cap on the energy tax credits. Effective for taxes imposed for taxable years beginning on or after January 1, 2011.
    Energy, Tax
    GS 105

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