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2007 Regular Session bill information current as of October 3, 2007 - 11:19 p.m.
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HOUSE BILL 4

File Code: Taxes - Income
Prior Year Introduction As: HB 1616/06 - W&M

Sponsored By:
Delegate Ramirez

Entitled:
Income Tax Credit for Restaurants in Arts and Entertainment Districts

Synopsis:

Providing a credit against the State income tax for a taxpayer operating a restaurant in an arts and entertainment district under specified circumstances; providing for a limited duration for the credit; providing for a reduction of the allowable amount of the credit over 5 years; providing for the carryover of specified unused credit under specified circumstances; etc.

History by Legislative and Calendar Date Explain Legislative Date and Calendar Date

House Action
11/14
Pre-filed
1/10
First Reading Ways and Means
1/31
Hearing 2/8 at 11:00 a.m.
Senate Action
No Action

Bill indexed under the following Subjects:

Alcoholic Beverages Licenses
Art, Music and Cultural Affairs -see also- Museums; Theaters
Income Tax
Restaurants
Tax Credits -see also- Circuit Breaker

Bill affects the following Statute:

Tax - General
( 10-726 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments: None offered


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