WV SB338 | 2015 | Regular Session

Status

Spectrum: Bipartisan Bill
Status: Introduced on January 27 2015 - 25% progression, died in committee
Action: 2015-01-27 - To Economic Development
Pending: Senate Economic Development Committee
Text: Latest bill text (Introduced) [HTML]

Summary

The purpose of this bill is to provide a greater incentive for hiring West Virginia workers, by adjusting the amount of tax credit authorized as a percentage of qualified expenditures for purposes of calculating the West Virginia Film Industry Investment tax credit (1) by decreasing the percentage of expenditures that will qualify for tax credit on qualified projects that do not employ ten or more West Virginia residents as part of the full-time employees working on the project in West Virginia or as apprentices working in West Virginia and (2) by increasing the percentage of expenditures that will qualify for tax credit on qualified projects that do employ ten or more West Virginia residents as part of the full-time employees working on the project in West Virginia or as apprentices working in West Virginia.

Tracking Information

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Title

Relating to Film Industry Investment tax credit

Sponsors


History

DateChamberAction
2015-01-27SenateTo Economic Development
2015-01-27SenateIntroduced in Senate
2015-01-27SenateTo Economic Development then Finance
2015-01-27SenateFiled for introduction

Same As/Similar To

HB2773 (Same As) 2015-03-14 - On 2nd reading, House Calendar

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
1113X3Amended CodeCitation Text
1113X5Amended CodeCitation Text

West Virginia State Sources


Bill Comments

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