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2009 SESSION
HB 2374 Income tax, state; Renewable Energy Job tax credit.
Introduced by: David L. Englin | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Income tax; Renewable Energy Job tax credit. Provides an income tax credit to corporations for each "Renewable Energy Job" created and filled. The amount of the credit for each such job is (i) two percent of each salary that is less than $50,000 a year, and (ii) $1,000 for each salary of $50,000 and more a year. A Renewable Energy Job is employment in an industry related to renewable alternative energies. The credit is available for taxable years beginning on or after January 1, 2009, but before January 1, 2014.
FULL TEXT
HISTORY
- 01/14/09 House: Prefiled and ordered printed; offered 01/14/09 091930500
- 01/14/09 House: Referred to Committee on Finance
- 02/10/09 House: Left in Finance