HOUSE BILL 1531

File Code: Taxes - Income

Sponsored By:

Delegate Ross

Entitled:

Income Tax - Credit for Hiring a Licensed Security Guard Agency

Synopsis:

Allowing specified business entities a credit against the State income tax for up to 10% of fees paid to licensed security guard agencies under specified circumstances; limiting to $100,000 the total amount of credits a business entity may claim in any calendar year; providing that the credit may not exceed the State income tax for that taxable year; etc.

History by Legislative Date

House Action

3/8

First Reading House Rules and Executive Nominations

Senate Action

No Action

Bill indexed under the following Subjects:

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

FEES -see also- DEVELOPMENT FEES AND TAXES

INCOME TAX

LAW ENFORCEMENT -see also- STATE POLICE, DEPARTMENT OF

NONPROFIT ORGANIZATIONS

TAX CREDITS -see also- CIRCUIT BREAKER

Bill affects the following Statute:

Tax - General

( 10-725 )

Documents:

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

Fiscal Note: Not available at this time

Amendments: None offered