Major business facility job tax credit; reduces number of employees required in new jobs to qualify. (HB1091)

Introduced By

Del. Anne Crockett-Stark (R-Wytheville) with support from co-patron Del. Dave Nutter (R-Christiansburg)

Progress

Introduced
X
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Major business facility job tax credit.  Lowers from 50 to 25 the threshold number of employees of a major business facility in an enterprise zone or distressed area for the facility to qualify for tax credits for newly created jobs.   View Full Text »

Outcome

Bill Has Failed
View Bill's History

Comments

Virginia ITSP Association, tracking this bill in Photosynthesis, notes:

Finance, Technology - Funding