HB1208

Find a 2018 Bill:

2018 Regular Session

 

Entitled:

Job Reinvestment Act of 2018

Sponsored by:

Delegate Walker

Status:

In the House - Hearing 3/07 at 1:00 p.m.


Synopsis:Allowing a credit against the State income tax for certain small business entities located in an enterprise zone or a Regional Institution Strategic Enterprise (RISE) zone; allowing a small business to qualify for the credit if the business hired and retained at least one new employee for at least 6 months; allowing a small business to apply the credit for each employee who is hired that results in a net increase in the number of employees hired and retained by the business; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Delegate Walker
Additional Facts:Cross-filed with: SB0810
Bill File Type: Regular
Effective Date(s): June 1, 2018, July 1, 2018
Committee(s):
Ways and Means  View Committee Hearing
Broad Subject(s):Economic and Community Development
Taxes - Income
Taxes - Property - Local
Narrow Subject(s):Enterprise Zones
Income Tax
Property Tax
Small Business
Tax Credits
Work, Labor and Employment -see also- Col Barg; Holiday; etc
Statutes:Article - Economic Development
(5-1406, 5-707)
Article - Tax - General
(10-746)
Article - Tax - Property
(9-103.1)

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions


March 8, 2018 9:27 A.M.