- Title
- Economic Development - Entrepreneurial Leave Tax Credit Program
- Sponsored by
- Delegate J. Lewis
- Status
- In the House - Hearing 2/01 at 1:00 p.m. (Ways and Means)
- Analysis
- Fiscal and Policy Note
Synopsis
Establishing the Entrepreneurial Leave Tax Credit Program in the Department of Commerce to encourage employers to implement leave policies that provide unpaid leave for employees for the purpose of establishing or expanding an employee business in the State; requiring the Department to conduct research on the benefits of entrepreneurship, the creation of leave policies, and the utilization of entrepreneurial leave by employees; and allowing a credit against the State income tax for certain employers.
Committees
Committee Testimony
Details
Bill File Type: Pre-Filed
Effective Date(s): July 1, 2024
History
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File Code
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Subjects
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Statutes
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(
1-101,
6-1101 through 6-1109 )
(
10-758 )
Last Updated: 4/15/2024 2:22 PM