Food donation; tax credit for restaurants that donate prepared food or meals. (SB1361)

Introduced By

Sen. Bill Carrico (R-Grayson) with support from co-patron Sen. Ben Chafin (R-Lebanon)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Food donation tax credit. Allows restaurants that donate prepared food or meals to a nonprofit food bank to claim the food donation tax credit. Under current law, only farmers that donate food crops to a nonprofit food bank are eligible for the credit. Current law allows a maximum of $5,000 in credits to be issued per taxpayer per year and an aggregate maximum of $250,000 in credits to be issued by the Tax Commissioner per fiscal year. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/11/2017Prefiled and ordered printed; offered 01/11/17 17100879D
01/11/2017Referred to Committee on Finance
01/23/2017Impact statement from TAX (SB1361)
02/01/2017Reported from Finance (16-Y 0-N) (see vote tally)
02/02/2017Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/03/2017Read second time and engrossed
02/03/2017Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/03/2017Passed Senate (40-Y 0-N) (see vote tally)
02/08/2017Placed on Calendar
02/08/2017Read first time
02/08/2017Referred to Committee on Finance
02/09/2017Assigned Finance sub: Subcommittee #3
02/09/2017Impact statement from TAX (SB1361)
02/10/2017Subcommittee recommends laying on the table
02/21/2017Left in Finance