WV HB4496 | 2024 | Regular Session
Status
Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Introduced on January 10 2024 - 25% progression, died in committee
Action: 2024-01-10 - To House Economic Development and Tourism
Pending: House Economic Development and Tourism Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 10 2024 - 25% progression, died in committee
Action: 2024-01-10 - To House Economic Development and Tourism
Pending: House Economic Development and Tourism Committee
Text: Latest bill text (Introduced) [HTML]
Summary
The purpose of this bill is to create the Small Business Payroll Tax Credit, a three-year program establishing a tax credit for up to five employees for new businesses with fewer than 15 employees; establishing a start date and end date; listing the amounts of credits for five employees; and requiring the Department of Economic Development to track the progress of this program and present a report.
Title
To create the West Virginia Small Business Payroll Tax Credit Pilot Program
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-01-10 | House | To House Economic Development and Tourism |
| 2024-01-10 | House | Introduced in House |
| 2024-01-10 | House | To Economic Development and Tourism then Finance |
| 2024-01-10 | House | Filed for introduction |
Subjects
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 11 | 13NN | 1 | New Code | See Bill Text |
| 11 | 13NN | 2 | New Code | See Bill Text |
| 11 | 13NN | 3 | New Code | See Bill Text |
| 11 | 13NN | 4 | New Code | See Bill Text |
