File Code: Taxes - Income
- Sponsored By:
-
Delegates Vitale, Beidle, Eckardt, George, Love, and McConkey
- Entitled:
-
Income Tax - Credit to Businesses for Employment
Allowing a credit against the State income tax for an employer that
experiences a decline in revenue and does not terminate any employees;
requiring the employer to submit an application with specified
information; requiring the Comptroller to approve or deny an
application within 60 days after it is submitted; requiring the
Comptroller to issue a credit certificate if an application is
approved; providing the credit may not exceed $500 per employee or
$5,000 per employer; etc.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
For explanation of terms
click here.
House Action
- 2/10
- First Reading Ways and Means
- 2/15
- Hearing 3/6 at 1:00 p.m.
Senate Action
- No Action
Sponsored by:
- Delegate Cathy Vitale, District 33A
- Delegate Pamela Beidle, District 32
- Delegate Adelaide C. Eckardt, District 37B
- Delegate Ron George, District 30
- Delegate Mary Ann E. Love, District 32
- Delegate Tony McConkey, District 33A
Bill indexed under the following Subjects:
- Comptroller
- Income Tax
- Rules and Regulations
- Tax Credits -see also- Circuit Breaker
- Work, Labor and Employment -see also- Col Barg; Holiday; etc
Bill affects the following Statute:
- Tax - General
- (
10-731
)
All documents except Roll Call Votes are
displayed in PDF format:
- Bill Text:
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note:
Available
- Amendments:
None offered
