2005 Regular Session

HOUSE BILL 249

File Code: Economic and Community Development Crossfiled with: SENATE BILL 218
Sponsored By:
The Speaker (By Request - Administration) and Delegates Bartlett, Bates, Bohanan, Boschert, Cluster, Costa, DeBoy, Donoghue, Edwards, Elliott, Frank, Fulton, Gilleland, Hammen, Impallaria, Jameson, Kach, Krebs, Leopold, McDonough, McKee, Minnick, Murray, O'Donnell, Parrott, Shank, Shewell, Stull, Taylor, Trueschler, F. Turner, and Walkup
Entitled:
Business and Economic Development - Entrepreneurial Investment Technology Tax Credit

Synopsis:

Providing a credit against State income tax due from investors in specified technology businesses; providing for the application of the Act; providing for certification of the investment activity by the Department of Business and Economic Development; etc.

History by Legislative Date

House Action
1/25
First Reading Ways and Means
2/16
Hearing 3/9 at 1:00 p.m.
Senate Action
No Action

Sponsored by:

Speaker of the House of Delegates
Administration
Delegate Joseph R. Bartlett, District 4A
Delegate Gail H. Bates, District 9A
Delegate John L. Bohanan, Jr., District 29B
Delegate David G. Boschert, District 33A
Delegate John W. E. Cluster, Jr., District 8
Delegate Robert A. Costa, District 33B
Delegate Steven J. DeBoy, Sr., District 12A
Delegate John P. Donoghue, District 2C
Delegate George C. Edwards, District 1A
Delegate Donald B. Elliott, District 4B
Delegate William J. Frank, District 42
Delegate Tony E. Fulton, District 40
Delegate Terry R. Gilleland, Jr., District 32
Delegate Peter A. Hammen, District 46
Delegate Rick Impallaria, District 7
Delegate Sally Jameson, District 28
Delegate Wade Kach, District 5B
Delegate Susan W. Krebs, District 9B
Delegate John R. Leopold, District 31
Delegate Pat McDonough, District 7
Delegate Robert A. McKee, District 2A
Delegate Joseph J. Minnick, District 6
Delegate Gareth E. Murray, District 20
Delegate Anthony J. O'Donnell, District 29C
Delegate Joanne S. Parrott, District 35A
Delegate Christopher B. Shank, District 2B
Delegate Tanya T. Shewell, District 5A
Delegate Paul S. Stull, District 4A
Delegate Herman L. Taylor, Jr., District 14
Delegate John G. Trueschler, District 42
Delegate Frank S. Turner, District 13
Delegate Mary Roe Walkup, District 36

Bill indexed under the following Subjects:

BUSINESS AND ECONOMIC DEVELOPMENT, DEPARTMENT OF
INCOME TAX
INDUSTRY AND TECHNOLOGY
INVESTMENTS -see also- SECURITIES
NOTICES
REPORTS
RULES AND REGULATIONS
SMALL BUSINESS
TAX CREDITS -see also- CIRCUIT BREAKER

Bill affects the following Statutes:

Article - 83A Department of Business and Economic Development
( 5-1701 , 5-1702 , 5-1703 , 5-1704 , 5-1705 , 5-1706 , 5-1707 )
Tax - General
( 10-725 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments: None offered