CHAPTER NUMBER: 305
File Code: Economic and Community Development
Crossfiled with: SENATE BILL 819
- Sponsored By:
-
Delegates Hill, Valderrama,
Patterson, Conroy, Healey, Howard, and Marriott
- Entitled:
-
Enterprise Zones - Tax Credits
Increasing the amount of income tax credits available to a business
that employs an enterprise zone employee or a focus area employee;
requiring an employer to pay at least 150% of the federal minimum wage
to an employee being claimed for an enterprise zone tax credit;
raising to 35 the weekly number of hours required to be worked by an
employee being claimed for the tax credit; and requiring the
Department of Business and Economic Development and the Comptroller to
submit a report to the Governor and the General Assembly.
House Action
- 2/9
- First Reading Ways and Means
- 2/14
- Hearing 2/28 at 1:00 p.m.
- 3/26
- Favorable with Amendments Report by Ways and Means
- 3/22
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/24
- Third Reading Passed (137-1)
- 3/26
- Returned Passed
- 4/20
- Signed by the Governor Chapter 305
Senate Action
- 3/27
- First Reading Budget and Taxation
- 3/29
- Favorable Report by Budget and Taxation
- Favorable Report Adopted
- Second Reading Passed
- 3/30
- Third Reading Passed (45-0)
- Sponsored by:
- Delegate Kerry A. Hill, District 26
- Delegate Mary A. Conroy, District 23
- Delegate Anne Healey, District 22A
- Delegate Carolyn J. B. Howard, District 24
- Delegate Salima Siler Marriott, District 40
- Delegate Obie Patterson, District 26
- Delegate David M. Valderrama, District 26
- Bill indexed under the following Subjects:
- BUSINESS AND ECONOMIC DEVELOPMENT, DEPARTMENT OF
- COMMERCE AND BUSINESS -see also- DEALERS; TRADERS; etc
- COMPTROLLER
- ENTERPRISE ZONES
- INCOME TAX
- REPORTS
- SALARIES -see also- OVERTIME
- TAX CREDITS -see also- CIRCUIT BREAKER
- WORK, LABOR AND EMPLOYMENT -see also- COL BARG; HOLIDAY; etc
- Bill affects the following Statutes:
- Article - 83A Department of Business and Economic Development
- (
5-405
)
- Tax - General
- (
10-702
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
- House
- Number: 475463/1 (PDF) Offered on: March 26, 2001 at:
2:20 p.m. Status: Adopted
- Roll Call Vote (Legislative date is shown):
- House
- March 24, 2001: Third Reading Passed (137-1)
- Senate
- March 30, 2001: Third Reading Passed (45-0)