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2010 SESSION
SB 693 Major business facility job tax credit; reduces threshold amount of jobs that must be created.
Introduced by: Jeffrey L. McWaters | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Major business facility job tax credit. Reduces the threshold amount of jobs that must be created for the major business facility job tax credit to 25 jobs, regardless of the area in which the business is located. Increases the tax credit from $1,000 to $10,000, to be taken over 5 years. This bill also makes a technical amendment to § 2.2-4309 of the Code of Virginia.
FULL TEXT
HISTORY
- 01/22/10 Senate: Presented and ordered printed 10104165D
- 01/22/10 Senate: Referred to Committee on Finance
- 02/03/10 Senate: Incorporated by Finance (SB472-Watkins) (15-Y 0-N)