2001 Regular Session

HOUSE BILL 1155

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

Synopsis:

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.

History by Legislative Date

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 )

Documents:

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)