Find a 2018 Bill:

2018 Regular Session



Small Business Relief Tax Credit

Sponsored by:



In the House - Hearing 2/21 at 1:00 p.m.

Synopsis:Authorizing a tax credit against the State income tax for certain small businesses that provide certain employer benefits to qualified employees; providing for the calculation of the credit; requiring the Department of Commerce to issue a tax credit certificate under certain circumstances; providing that the total amount of tax credit certificates issued by the Department may not exceed a certain amount for each taxable year; making the Act contingent on the taking effect of another Act; etc.
Analysis:Fiscal and Policy Note
All Sponsors:The Speaker (By Request - Administration)
Additional Facts:Cross-filed with: SB0134
Bill File Type: Regular
Effective Date(s): July 1, 2018
By Request of the Governor
Contingency - on enactment of another bill
Ways and Means  View Committee Hearing
Broad Subject(s):Taxes - Income
Narrow Subject(s):Commerce, Department of
Rules and Regulations
Salaries and Compensation -see also- Overtime; Reimb. Rates
Small Business
Tax Credits
Work, Labor and Employment -see also- Col Barg; Holiday; etc
Statutes:Article - Tax - General

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions

February 22, 2018 3:44 P.M.