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2003 SESSION

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HB 2067 Income tax; major business facility job tax credit.

Introduced by: Allen W. Dudley | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED HOUSE: (all summaries)

Income tax; major business facility job tax credit. Repeals the sunset clause for the major business facility job tax credit and lowers the threshold amount of jobs that must be created from 50 to 25 in distressed areas and from 100 to 50 in other areas. The reduced threshold amounts are only applicable to businesses that satisfy these amounts for the first time after January 1, 2004.


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