Legislation

Allowing specified business entities a credit against the State income tax for the cost of hiring student employees who attend a high school at which at least 80% of the registered students are eligible for the federal free or reduced price meal program and who work for the business entity for specified time periods; providing that the credit may not exceed $5,000 for any taxable year; applying the Act to all taxable years beginning after December 31, 2015; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Details

Bill File Type: Pre-Filed

Effective Date(s): July 1, 2016

History

Legislation History
Chamber House Calendar Date 12/16/2015 Legislative Date 5/05/2015 Action Pre-filed Proceedings
Chamber House Calendar Date 12/16/2015 Legislative Date 1/13/2016 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 1/13/2016 Legislative Date 1/13/2016 Action Hearing 1/27 at 2:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	12/16/2015	5/05/2015	Pre-filed
House	12/16/2015	1/13/2016	First Reading Ways and Means
House	1/13/2016	1/13/2016	Hearing 1/27 at 2:00 p.m.

Documents

Date Posted	Document Name
12/17/2015	Text - First - Income Tax Credit - Student Employees

File Code

Subjects

Statutes