File Code: Economic and Community Development
Crossfiled with: HOUSE BILL 1155
- Sponsored By:
-
Senators Roesser and McFadden
- 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 General Assembly.
Senate Action
- 2/15
- First Reading Senate Rules
- 2/22
- Re-referred Budget and Taxation
- 2/28
- Hearing 3/21 at 1:30 p.m.
- 3/13
- Hearing cancelled
- Hearing 3/22 at 1:30 p.m.
- 3/29
- Favorable with Amendments Report by Budget and Taxation
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/30
- Third Reading Passed (46-0)
- 4/3
- Returned Passed
- 5/17
- Governor vetoed - Cross-filed bill was signed
House Action
- 3/26
- First Reading Ways and Means
- 4/2
- Hearing 4/4 at 1:00 p.m.
- 4/5
- Favorable Report by Ways and Means
- 3/31
- Favorable Report Adopted
- Second Reading Passed
- 4/2
- Third Reading Passed (138-0)
- Sponsored by:
- Senator Jean W. Roesser, District 15
- Senator Nathaniel J. McFadden, District 45
- 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:
- Senate
- Number: 019635/1 (PDF) Offered on: March 29, 2001 at:
12:27 p.m. Status: Adopted
- Roll Call Vote (Legislative date is shown):
- Senate
- March 30, 2001: Third Reading Passed (46-0)
- House
- April 2, 2001: Third Reading Passed (138-0)