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Bill 35-17

AN ORDINANCE concerning: Income Tax – Cybersecurity Investment Incentive Tax Credit Supplement

Legislative Day 31
Introduced by by Mr. Smith
FOR the purpose of defining “cybersecurity company”; establishing an income tax credit supplement for certain cybersecurity companies; establishing eligibility for the credit; providing for calculation of the credit; providing for payment of the credit; providing a penalty for fraudulent applications; establishing recapture procedures; establishing a termination date for the credit; and generally related to income taxes.
Introduced: 4/17/2017
Hearing: 6/5/2017