Legislation

Title: Income Tax Credit - Employers - Eligible Internships
Sponsored by: Delegates Washington, Acevero, B. Barnes, Ebersole, W. Fisher, Luedtke, Solomon, and Wilkins
Status: In the House - Hearing 2/20 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Allowing certain employers employing certain interns a credit against the State income tax that may not exceed $1,000 for each eligible intern or 10% of the wages paid to each eligible intern, subject to certain limitations; requiring a certain employer to enter into a certain agreement with a certain higher education institution; providing that not more than $300,000 in tax credit certificates may be issued in any taxable year; requiring a report by the Comptroller on utilization of the tax credit by July 1, 2022; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Details

Cross-filed with: SB0885

Introduced in a prior session as: HB1358 Session: 2018 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2019

History

Legislation History
Chamber House Calendar Date 2/04/2019 Legislative Date 2/04/2019 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax Credit - Employers - Eligible Internships Proceedings
Chamber House Calendar Date 2/05/2019 Legislative Date 2/05/2019 Action Hearing 2/20 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	2/04/2019	2/04/2019	First Reading Ways and Means
			Text - First - Income Tax Credit - Employers - Eligible Internships
House	2/05/2019	2/05/2019	Hearing 2/20 at 1:00 p.m.

File Code

Subjects

Statutes