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2019 SESSION
SB 1428 Income tax, state; modification for certain companies, grants, Page County.
Introduced by: Mark D. Obenshain | 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 HB 2776.
FULL TEXT
- 01/08/19 Senate: Prefiled and ordered printed; offered 01/09/19 19102459D pdf | impact statement
- 02/18/19 Senate: Bill text as passed Senate and House (SB1428ER) pdf | impact statement
- 03/08/19 Governor: Acts of Assembly Chapter text (CHAP0263) pdf
HISTORY
- 01/08/19 Senate: Prefiled and ordered printed; offered 01/09/19 19102459D
- 01/08/19 Senate: Referred to Committee on Finance
- 01/16/19 Senate: Reported from Finance (15-Y 0-N)
- 01/17/19 Senate: Constitutional reading dispensed (40-Y 0-N)
- 01/18/19 Senate: Read second time and engrossed
- 01/18/19 Senate: Engrossment reconsidered by Senate (40-Y 0-N)
- 01/18/19 Senate: Engrossed by Senate
- 01/21/19 Senate: Read third time and passed Senate (40-Y 0-N)
- 01/24/19 House: Placed on Calendar
- 01/24/19 House: Read first time
- 01/24/19 House: Referred to Committee on Finance
- 02/01/19 House: Assigned Finance sub: Subcommittee #1
- 02/06/19 House: Subcommittee recommends reporting (9-Y 1-N)
- 02/11/19 House: Reported from Finance (19-Y 2-N)
- 02/12/19 House: Read second time
- 02/13/19 House: Read third time
- 02/13/19 House: Passed House (91-Y 7-N)
- 02/13/19 House: VOTE: PASSAGE (91-Y 7-N)
- 02/18/19 Senate: Enrolled
- 02/18/19 Senate: Bill text as passed Senate and House (SB1428ER)
- 02/18/19 House: Signed by Speaker
- 02/19/19 Senate: Signed by President
- 02/20/19 Senate: Enrolled Bill Communicated to Governor on February 20, 2019
- 02/20/19 Governor: Governor's Action Deadline Midnight, March 26, 2019
- 03/08/19 Governor: Approved by Governor-Chapter 263 (effective 7/1/19)
- 03/08/19 Governor: Acts of Assembly Chapter text (CHAP0263)