Legislation

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:: Budget and Taxation Click to view Recorded Media

Details

Cross-filed with: HB0582

Introduced in a prior session as: SB0380 Session: 2018 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2019

History

Legislation History
Chamber Senate Calendar Date 2/13/2019 Legislative Date 2/13/2019 Action First Reading Senate Rules Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax Credit - Employers - Eligible Internships Proceedings
Chamber Senate Calendar Date 2/21/2019 Legislative Date 2/22/2019 Action Rereferred to Budget and Taxation Proceedings
Chamber Senate Calendar Date 2/22/2019 Legislative Date 2/22/2019 Action Hearing 3/13 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	2/13/2019	2/13/2019	First Reading Senate Rules
			Text - First - Income Tax Credit - Employers - Eligible Internships
Senate	2/21/2019	2/22/2019	Rereferred to Budget and Taxation
Senate	2/22/2019	2/22/2019	Hearing 3/13 at 1:00 p.m.

File Code

Subjects

Statutes