HOUSE BILL 1200

Sponsored By:

Delegate Trueschler

Entitled:

Business Development - Endangered Industries Job Preservation and Creation Act

Synopsis:

Requiring the Governor to designate specified business entities as "Endangered Industries", as defined in the Act; requiring the Governor to submit a list of endangered industries to the General Assembly for the General Assembly's approval; providing for specified tax exemptions for specified business entities designated as endangered industries and for investors in endangered industries; reducing by 50% the State income tax rates applicable to specified income of employees of endangered industries; etc.

History by Legislative Date

House Action

2/13

First Reading Ways and Means

3/1

Withdrawn

Senate Action

No Action

Bill indexed under the following Subjects:

COMMERCE AND BUSINESS -see also- DEALERS; TRADERS; etc

COMPTROLLER

EXEMPTIONS

GENERAL ASSEMBLY -see also- AELR CMTE; LEG POLICY COMMITTEE.

GOVERNOR

INCOME TAX

INDUSTRY AND TECHNOLOGY

INVESTMENTS -see also- SECURITIES

PROPERTY TAX

REPORTS

REVENUE AND TAXES -see also- DEV FEES & TAXES; specific tax.

UNEMPLOYMENT

WORK, LABOR AND EMPLOYMENT -see also- COL BARG; HOLIDAY; etc

Bill affects the following Statutes:

Article - 83A Department of Business and Economic Development

( 5-1701 , 5-1702 , 5-1703 , 5-1704 , 5-1705 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Not available at this time

Amendments: None offered