Relating to subtractions from taxable income for donated recreational activity.
Catchline/Summary:
Creates subtraction from federal taxable income for value of recreational activity that is donated to charitable or nonprofit entity by taxpayer in trade or business of providing recreational activities to customers. Creates subtraction from federal taxable income for value of recreational activity that is donated to charitable or nonprofit entity by taxpayer in trade or business of providing recreational activities to customers.
Applies to tax years beginning on or after January 1, 2008.
Chapter Number:
Fiscal Impact:
May Have Fiscal Impact, But No Statement Yet Issued
Revenue Impact:
May Have Revenue Impact, But No Statement Yet Issued
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HB 3036 House Committee On Revenue
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