HOUSE BILL 814

File Code: Taxes - Income Crossfiled with: SENATE BILL 807

Sponsored By:

Delegate Marriott

Entitled:

Income Tax - Credit for Placement and Retention Fees Paid to Qualified Job Training Programs

Synopsis:

Allowing a credit against the State income tax for placement and retention fees paid by business entities for hiring qualified graduates of qualified job training programs; providing for the calculation and use of the credit; defining specified terms; requiring a specified certification prior to claiming the credit; providing for the administration of the tax credits; requiring that a specified report be completed; providing for the application of the Act; etc.

History by Legislative Date

House Action

2/9

First Reading Ways and Means

2/14

Hearing 2/28 at 1:00 p.m.

3/29

Unfavorable Report by Ways and Means

Senate Action

No Action

Bill indexed under the following Subjects:

COMMERCE AND BUSINESS -see also- DEALERS; TRADERS; etc

COMPTROLLER

FEES -see also- DEVELOPMENT FEES AND TAXES

INCOME TAX

JOB TRAINING

LABOR, LICENSING, AND REGULATION, DEPARTMENT OF

LICENSES -see also- ALCOHOLIC BEV LIC; DRIVERS' LICENSES

RECORDS -see also- LAND RECORDS; VITAL RECORDS

REPORTS

RULES AND REGULATIONS

SUNSET

TAX CREDITS -see also- CIRCUIT BREAKER

WORK, LABOR AND EMPLOYMENT -see also- COL BARG; HOLIDAY; etc

Bill affects the following Statutes:

Labor and Employment

( 11-701 , 11-702 )

Tax - General

( 10-722 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered