Income tax exemption for launch services and payload. (SB401)
Introduced By
Sen. Phil Puckett (D-Tazewell)
Progress
✓ |
Introduced |
☐ |
Passed Committee |
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Passed House |
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Passed Senate |
☐ |
Signed by Governor |
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Became Law |
Description
Income tax exemption for launch services and payload. Grants an income tax exemption for income resulting from the sale of launch services to space flight participants or launch services intended to provide individuals the training or experience of a launch, without performing an actual launch. The bill also grants an income tax exemption for any gain recognized as a result of resupply services contracts for delivering payload entered into with the Commercial Orbital Transportation Services division of the National Aeronautics and Space Administration or other space flight entity. Read the Bill »
Status
01/30/2008: Merged into SB286
History
| Date | Action |
|---|---|
| 01/08/2008 | Prefiled and ordered printed; offered 01/09/08 087876300 |
| 01/08/2008 | Referred to Committee on Finance |
| 01/12/2008 | Impact statement from TAX (SB401) |
| 01/30/2008 | Incorporated by Finance (SB286-Wampler) (16-Y 0-N) (see vote tally) |