Major business facility job tax credit; reduces number of employees required in new jobs to qualify. (HB853)

Introduced By

Del. Will Morefield (R-North Tazewell) with support from 8 copatrons, whose average partisan position is:

Those copatrons are Del. Rich Anderson (R-Woodbridge), Del. John A. Cox (R-Ashland), Del. James Edmunds (R-South Boston), Del. Todd Gilbert (R-Woodstock), Del. Sal Iaquinto (R-Virginia Beach), Del. Scott Lingamfelter (R-Woodbridge), Del. Jackson Miller (R-Manassas), Sen. Phil Puckett (D-Tazewell)

Progress

Introduced
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. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/13/2010Committee
01/13/2010Prefiled and ordered printed; offered 01/13/10 10102353D
01/13/2010Referred to Committee on Finance
01/17/2010Impact statement from TAX (HB853)
01/19/2010Assigned Finance sub: #3
01/25/2010Assigned Finance sub: #3
02/09/2010Subcommittee recommends incorporating (HB624-Kilgore)
02/10/2010Incorporated by Finance (HB624-Kilgore)
02/16/2010Left in Finance
03/05/2010Senate amendment rejected by House (2-Y 97-N)