DE SB294 | 2009-2010 | 145th General Assembly

Status

Spectrum: Moderate Partisan Bill (Democrat 10-2)
Status: Introduced on June 10 2010 - 25% progression, died in committee
Action: 2010-06-10 - Assigned to Finance Committee in Senate
Pending: Senate Finance Committee
Text: Latest bill text (Draft #1) [HTML]

Summary

Section 1 of this Act establishes the Job Incentive Fund, which is designed to provide grants to firms that expand and diversify the most vital components of Delaware’s economy. Section 2 of this Act provides a multi-year funding source for the grants by earmarking Abandoned Property revenues. Section 3 of this Act removes the sunset from the State’s current employment and investment tax incentives and leaves them in effect.

Tracking Information

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Title

An Act To Amend Titles 29 And 30 Of The Delaware Code Relating To Economic Development Incentives.

Sponsors


History

DateChamberAction
2010-06-10 Assigned to Finance Committee in Senate

Delaware State Sources


Bill Comments

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