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