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]
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.
Title
Relating to Film Industry Investment tax credit
Sponsors
Sen. Corey Palumbo [D] | Sen. Ed Gaunch [R] | Sen. Herb Snyder [D] | Sen. Mike Hall [R] |
Sen. Bob Williams [D] | Sen. Craig Blair [R] | Sen. John Unger [D] | Sen. Charles Trump [R] |
Sen. Ron Stollings [D] |
History
Date | Chamber | Action |
---|---|---|
2015-01-27 | Senate | To Economic Development |
2015-01-27 | Senate | Introduced in Senate |
2015-01-27 | Senate | To Economic Development then Finance |
2015-01-27 | Senate | Filed for introduction |
Same As/Similar To
HB2773 (Same As) 2015-03-14 - On 2nd reading, House Calendar
Subjects
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
11 | 13X | 3 | Amended Code | Citation Text |
11 | 13X | 5 | Amended Code | Citation Text |