Small business job creation tax credit; creates credit for those creating new full-time jobs. (HB111)
Introduced By
Progress
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Introduced |
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Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Description
Small business job creation tax credit. Creates an individual and corporate income tax credit beginning January 1, 2012, for small businesses creating new full-time jobs in the Commonwealth. The credit would equal $1,000 for each new job created. A small business would be allowed the credit for an aggregate of 50 jobs. The provisions of the bill would expire on January 1, 2015. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
12/30/2011 | Committee |
12/30/2011 | Prefiled and ordered printed; offered 01/11/12 12101810D |
12/30/2011 | Referred to Committee on Finance |
01/12/2012 | Assigned Finance sub: Subcommittee #3 |
01/27/2012 | Impact statement from TAX (HB111) |
02/06/2012 | Continued to 2013 in Finance |