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2012 SESSION
HB 111 Small business job creation tax credit; creates credit for those creating new full-time jobs.
Introduced by: Richard P. Bell | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Small business job creation tax credit. Creates an individual and corporate income tax credit beginning January 1, 2012, for small businesses creating new full-time jobs in the Commonwealth. The credit would equal $1,000 for each new job created. A small business would be allowed the credit for an aggregate of 50 jobs. The provisions of the bill would expire on January 1, 2015.
FULL TEXT
HISTORY
- 12/30/11 House: Prefiled and ordered printed; offered 01/11/12 12101810D
- 12/30/11 House: Referred to Committee on Finance
- 01/12/12 House: Assigned Finance sub: Subcommittee #3
- 02/06/12 House: Continued to 2013 in Finance by voice vote