Major business facility job tax credit; reduces number of employees required in new jobs to qualify. (SB481)
Introduced By
Sen. Robert Hurt (R-Chatham) with support from co-patrons Del. Tommy Wright (R-Victoria), Sen. Steve Martin (R-Chesterfield), Sen. Jeff McWaters (R-Virginia Beach), Sen. Frank Ruff (R-Clarksville), and Sen. Jill Holtzman Vogel (R-Winchester)
Progress
✓ |
Introduced |
☐ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Major business facility job tax credit. Reduces from 50 to 25 the threshold amount of jobs that must be created in an enterprise zone or an economically distressed area for eligibility for the major business facility job tax credit. Read the Bill »
Status
02/03/2010: Merged into SB472
History
Date | Action |
---|---|
01/13/2010 | Prefiled and ordered printed; offered 01/13/10 10102428D |
01/13/2010 | Referred to Committee on Finance |
01/20/2010 | Impact statement from TAX (SB481) |
02/03/2010 | Incorporated by Finance (SB472-Watkins) (15-Y 0-N) (see vote tally) |