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2015 SESSION

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HB 1844 Major business facility; job tax credit to spread over two years per qualified full-time employee.

Introduced by: Matthew James | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Major business facility job tax credit. Makes permanent the provision requiring a qualified major business facility to spread the credit allowed per qualified full-time employee over two taxable years, i.e., to take 50 percent of the credit in each year, instead of over three taxable years. Under current law, this requirement applied only to taxable years beginning January 1, 2009, through December 31, 2014.


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