Legislation
- Title
- Income Tax Credit - Unemployed Veterans - Start-Up Business
- Sponsored by
- Delegates Valentino-Smith, Bohanan, Braveboy, Carter, DeBoy, Eckardt, Glass, Guzzone, Holmes, Howard, Hubbard, James, Kaiser, Krebs, McComas, Minnick, S. Robinson, Schulz, Sophocleus, Stocksdale, Swain, V. Turner, M. Washington, Wilson, and Wood
- Status
- In the House - Hearing 3/12 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Allowing a qualified unemployed veteran a credit of up to $2,000 against the State income tax for expenses associated with starting a business during the taxable year; requiring the business to meet specified qualifications; requiring the Comptroller to adopt regulations and provide an annual report; defining "qualified veteran" and "qualified expenses"; applying the Act to taxable years beginning after December 31, 2013; etc.
Committees
- Original:
- Ways and Means Click to view Recorded Media
Details
Bill File Type: Regular
Effective Date(s): July 1, 2013
History
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Documents
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Date Posted | Document Name |
---|---|
2/05/2013 | Text - First - Income Tax Credit - Unemployed Veterans - Start-Up Business |
File Code
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Subjects
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Statutes
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(
10-733 )
Last Updated: 2/3/2020 2:27 PM