Latest Action:
Presented and ordered printed 24102343D
The bill "Mobile Machinery And Equipment; Tax Credit For Purchase" aims to provide a tax credit for the purchase of mobile machinery and equipment used in various industries. The main provision of the bill is to offer financial incentives in the form of tax credits to encourage businesses to invest in mobile machinery and equipment, which can enhance productivity and efficiency. This bill intends to stimulate economic growth by supporting businesses that rely on such equipment while also promoting technological advancements in different sectors. If passed, this legislation could lead to increased investment in mobile machinery and equipment, benefiting both businesses and the economy as a whole.
2024-01-19: Presented and ordered printed 24102343D
2024-01-19: Referred to Committee on Finance
2024-02-02: Assigned Finance sub: Subcommittee #1
2024-02-05: Subcommittee recommends continuing to 2025 by voice vote
2024-02-07: Continued to 2025 in Finance by voice vote
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