Legislation

Allowing certain employers employing certain interns a credit against the State income tax, which 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, 2021; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Details

Cross-filed with: SB0380

Introduced in a prior session as: HB1483 Session: 2017 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2018

History

Legislation History
Chamber House Calendar Date 2/09/2018 Legislative Date 2/09/2018 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 2/12/2018 Legislative Date 2/12/2018 Action Hearing 2/23 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	2/09/2018	2/09/2018	First Reading Ways and Means
			Text - First - Income Tax Credit - Employers - Eligible Internships
House	2/12/2018	2/12/2018	Hearing 2/23 at 1:00 p.m.

File Code

Subjects

Statutes