N 482 MSUM Week 9 Small Business Investment Bill Essay

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N 482

Minnesota State University Mankato

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Description

Week 9: System Level Interventions, Legislation, & Policy

1. Identify a bill in your state House or State. Give the bill number and chief author of the bill.

2. Brief description of the bill.

3. Identify the personal or professional interest that you have in this bill and state the reason why you would or would not encourage your representative to support this bill.

4. What could you do to advocate for this position?

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Explanation & Answer

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1

System-Level Interventions, Legislation, and Policy

Student’s Name
Institutional Affiliation
Professor’s Name
Course
Date

2
System-Level Interventions, Legislation, and Policy
The bill
Name: Increasing the amount of the small business investment credit and repealing the sunset.
Bill Number: SF 2314
Category: Taxes
Sponsor: Senator Carla J. Nelson (26, R)
Description
The bill will increase small business investment tax credit amount and sunset repeal. The
bill is an amendment of Minnesota Statutes 2020, section 116J.8737, subdivision 5; repealing
Minnesota Statutes 2020, sections 116J.8737, subdivision 12; 290.0692, subdivision 6. When the
bill is passed, qualified investors will be eligible for 25% of the small businesses' qualified
investment. The maximum amount is 10,000,000 that can be allocated in credits to ...

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