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2012 SESSION

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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.


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