Senate Finance Committee Approves Four Bills

The Senate Finance Committee today (April 19) approved four bills, according to Committee Chairman Senator Scott Hutchinson (R-21).

Senate Bill 454, introduced by Senator Michele Brooks, provides for a volunteer firefighter tax credit of up to $500 for those with at least two full years of service and who have responded to at least 20 percent of their company’s emergency calls.

Senate Bill 463, introduced by Senator Hutchinson, provides for a sales tax exemption on equipment used in the construction and operation of computer data centers. The bill was a topic discussed during a public hearing last week by the Senate Community Economic & Recreational Development Committee on the economic impact of the state’s technology and energy infrastructure.

Senate Bill 562, introduced by Senator Mario Scavello, creates the Airport Land Development Zone program to incentivize development on vacant land and buildings owned by airports and leased to private businesses.

            House Bill 766, introduced by Representative Keith Greiner, changes the due date of corporate tax returns from 30 days after the due date of the federal return to the 15th day of the month following the due date of the federal return and also aligns Local Earned Income Tax due dates with the federal and state tax due dates.

Click here for audio of Senator Hutchinson’s comments on Senate Bill 463.

Click here for video of the Finance Committee meeting.

Contact:          Justin Leventry           jleventry@pasen.gov