VA SB693 | 2010 | Regular Session
Status
Spectrum: Partisan Bill (Republican 7-0)
Status: Introduced on January 22 2010 - 25% progression, died in chamber
Action: 2010-02-03 - Senate: Incorporated by Finance (SB472-Watkins) (15-Y 0-N)
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 22 2010 - 25% progression, died in chamber
Action: 2010-02-03 - Senate: Incorporated by Finance (SB472-Watkins) (15-Y 0-N)
Text: Latest bill text (Introduced) [HTML]
Summary
Major business facility job tax credit. Reduces the threshold amount of jobs that must be created for the major business facility job tax credit to 25 jobs, regardless of the area in which the business is located. Increases the tax credit from $1,000 to $10,000, to be taken over 5 years. This bill also makes a technical amendment to §2.2-4309 of the Code of Virginia.
Title
Major business facility job tax credit; reduces threshold amount of jobs that must be created.
Sponsors
| Sen. Robert Hurt [R] | Sen. Ryan McDougle [R] | Sen. Jeffrey McWaters [R] | Sen. Thomas Norment [R] |
| Sen. Jill Vogel [R] | Sen. Frank Wagner [R] | Sen. William Wampler [R] |
Roll Calls
2010-02-03 - Senate - Senate: Incorporated by Finance (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2010-02-03 | Senate: Incorporated by Finance (SB472-Watkins) (15-Y 0-N) | |
| 2010-01-22 | Senate: Referred to Committee on Finance | |
| 2010-01-22 | Senate: Presented and ordered printed 10104165D |
