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2019 SESSION
HB 2776 Income tax, state; modification for certain companies, grants, Page County.
Introduced by: C. Todd Gilbert | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Income tax; modification for certain companies; grants; Page County. Adds Page County to the list of qualified localities in which a company may invest to become eligible for income tax modification. Under current law, a company is eligible for such modification if, among other things, it either (i) invests at least $5 million in new capital investment in a qualified locality and creates at least 10 jobs paying at least 150 percent of the minimum wage in a qualified locality or (ii) creates at least 50 jobs paying at least 150 percent of the minimum wage in a qualified locality. This bill is identical to SB 1428.
FULL TEXT
- 01/18/19 House: Presented and ordered printed 19104907D pdf | impact statement
- 02/15/19 House: Bill text as passed House and Senate (HB2776ER) pdf | impact statement
- 03/08/19 Governor: Acts of Assembly Chapter text (CHAP0262) pdf
HISTORY
- 01/18/19 House: Presented and ordered printed 19104907D
- 01/18/19 House: Referred to Committee on Finance
- 01/22/19 House: Assigned Finance sub: Subcommittee #1
- 01/30/19 House: Subcommittee recommends reporting (8-Y 1-N)
- 01/30/19 House: Reported from Finance (18-Y 2-N)
- 02/01/19 House: Read first time
- 02/04/19 House: Read second time and engrossed
- 02/05/19 House: Read third time and passed House (90-Y 8-N)
- 02/05/19 House: VOTE: PASSAGE (90-Y 8-N)
- 02/06/19 Senate: Constitutional reading dispensed
- 02/06/19 Senate: Referred to Committee on Finance
- 02/12/19 Senate: Reported from Finance (12-Y 0-N)
- 02/13/19 Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/13/19 Senate: Read third time
- 02/13/19 Senate: Passed Senate (39-Y 0-N)
- 02/15/19 House: Enrolled
- 02/15/19 House: Bill text as passed House and Senate (HB2776ER)
- 02/15/19 House: Signed by Speaker
- 02/15/19 Senate: Signed by President
- 02/19/19 House: Enrolled Bill communicated to Governor on February 19, 2019
- 02/19/19 Governor: Governor's Action Deadline Midnight, March 26, 2019
- 03/08/19 Governor: Approved by Governor-Chapter 262 (effective 7/1/19)
- 03/08/19 Governor: Acts of Assembly Chapter text (CHAP0262)