Bill
Bill > HB170
DE HB170
DE HB170An Act To Amend Titles 29 And 30 Of The Delaware Code Relating To Angel Investor Job Creation And Innovation Act .
summary
Introduced
05/10/2017
05/10/2017
In Committee
07/12/2017
07/12/2017
Crossed Over
07/02/2017
07/02/2017
Passed
05/01/2018
05/01/2018
Dead
Signed/Enacted/Adopted
05/24/2018
05/24/2018
Introduced Session
149th General Assembly
Bill Summary
This legislation, the Angel Investor Job Creation and Innovation Act for Small Technology Companies, creates an incentive for qualified angel investors to invest capital in qualified Delaware small technology companies..
AI Summary
This bill, the Angel Investor Job Creation and Innovation Act for Small Technology Companies, creates a tax credit incentive for qualified angel investors to invest capital in qualified Delaware small technology companies. The bill defines the criteria for qualifying small businesses, investors, and investment funds, as well as the requirements and limitations for claiming the 25% tax credit. The bill also establishes an administration fund, reporting requirements, and provisions for revoking tax credits if the investment and business requirements are not met.
Committee Categories
Business and Industry
Sponsors (21)
Mike Ramone (R)*,
Bryon Short (D)*,
Melanie Smith (D)*,
Dave Wilson (R)*,
Ruth Briggs King (R),
Catherine Cloutier (R),
Richard Collins (R),
Timothy Dukes (R),
Ron Gray (R),
Kevin Hensley (R),
Deborah Hudson (R),
Harvey Kenton (R),
David McBride (D),
Joseph Miró (R),
William Outten (R),
Charles Postles (R),
Bryant Richardson (R),
Danny Short (R),
Stephen Smyk (R),
Jeff Spiegelman (R),
Lyndon Yearick (R),
Last Action
Signed by Governor (on 05/24/2018)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Loading...