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2010 SESSION
HB 237 Income tax, state; job creation tax credit.
Introduced by: William R. Janis | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Income tax; job creation tax credit. Provides an income tax credit to sole proprietors, partners in a partnership and members of a limited liability company when they create and fill at least 10 new positions in the Commonwealth beginning on and after January 1, 2010. The amount of the credit is 10 percent of the Virginia gross income of the entity creating the jobs and may only be taken when the new jobs have been filled for at least 24 consecutive months.
FULL TEXT
HISTORY
- 01/11/10 House: Prefiled and ordered printed; offered 01/13/10 10100568D
- 01/11/10 House: Referred to Committee on Finance
- 01/25/10 House: Assigned Finance sub: #3
- 02/09/10 House: Subcommittee recommends striking from docket by voice vote
- 02/10/10 House: Stricken at request of Patron in Finance by voice vote