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1999 SESSION

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HB 2237 Business facility job tax credit

Introduced by: Joe T. May | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED HOUSE: (all summaries)

Economic development; rebate of income taxes to localities. Provides that localities which have businesses qualifying for the business facility job tax credit will receive from the state a 20 percent rebate of the personal income tax earned as a result of the jobs created by the qualifying businesses. The rebate will be paid to the locality in which the employee resides.


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