2010 Regular Session

HOUSE BILL 1520

File Code: Economic and Community Development
Sponsored By:
Delegates Myers, Aumann, Bartlett, Bates, Beitzel, Boteler, Elliott, Elmore, Frick, George, Kelly, Krebs, Miller, O'Donnell, Olszewski, Rice, Serafini, Shank, and Stull
Entitled:
Tax Credit for New or Expanded Business Facilities

Synopsis:

Providing a credit against the State income tax under specified circumstances for a qualified business entity that establishes or expands a business facility in the State that will create at least 10 qualified positions; requiring the Secretary of Business and Economic Development to certify persons as eligible for the tax credit and certify the maximum amount of credit for which a person is eligible; limiting the total amount of credits that may be approved to $10,000,000; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
House Action
3/8
First Reading House Rules and Executive Nominations
3/15
Re-referred Ways and Means
3/16
Hearing 3/25 at 1:00 p.m.
3/25
Unfavorable Report by Ways and Means Withdrawn
Senate Action
No Action

Sponsored by:

Delegate LeRoy E. Myers, Jr., District 1C
Delegate Susan L. M. Aumann, District 42
Delegate Joseph R. Bartlett, District 4A
Delegate Gail H. Bates, District 9A
Delegate Wendell R. Beitzel, District 1A
Delegate Joseph C. Boteler, III, District 8
Delegate Donald B. Elliott, District 4B
Delegate D. Page Elmore, District 38A
Delegate C. William Frick, District 16
Delegate Ron George, District 30
Delegate Kevin Kelly, District 1B
Delegate Susan W. Krebs, District 9B
Delegate Warren E. Miller, District 9A
Delegate Anthony J. O'Donnell, District 29C
Delegate John A. Olszewski, Jr., District 6
Delegate Craig L. Rice, District 15
Delegate Andrew A. Serafini, District 2A
Delegate Christopher B. Shank, District 2B
Delegate Paul S. Stull, District 4A

Bill indexed under the following Subjects:

Business and Economic Development, Department of
Commerce and Business -see also- Dealers; Elec. Comm.; etc
Income Tax
Nonprofit Organizations
Rules and Regulations
Tax Credits -see also- Circuit Breaker
Work, Labor and Employment -see also- Col Barg; Holiday; etc

Bill affects the following Statutes:

Economic Development
( 6-501 , 6-502 , 6-503 , 6-504 , 6-505 , 6-506 )
Tax - General
( 10-728 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments: None offered
Committee Votes :
House
Ways and Means