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2010 SESSION

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HB 803 Income tax, state; green jobs tax credit.

Introduced by: Charles D. Poindexter | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED:

Income tax; corporate and individual; green jobs tax credit.  Allows a $500 income tax credit for the creation of "green" jobs paying an annual salary in excess of $50,000 for taxable years beginning on and after January 1, 2010 but before January 1, 2015.  Each taxpayer is allowed a credit for up to 350 new green jobs.

SUMMARY AS PASSED HOUSE:

Income tax; corporate and individual; green jobs tax credit.  Allows a $500 income tax credit for the creation of "green" jobs for taxable years beginning on and after January 1, 2010.  Each taxpayer is allowed a credit for up to 350 new green jobs and may qualify for the Enterprise Zone Grant program if the job is located in an enterprise zone.  Rolls in HB 268 (Englin) and HB 1132 (Keam)

SUMMARY AS INTRODUCED:

Income tax; corporate and individual; green jobs tax credit.  Allows a $500 income tax credit for the creation of "green" jobs for taxable years beginning on and after January 1, 2010.  Each taxpayer is allowed a credit for up to 350 new green jobs and may qualify for the Enterprise Zone Grant program if the job is located in an enterprise zone.