2012 Regular Session


File Code: Taxes - Income
Sponsored By:
Delegates Vitale, Beidle, Eckardt, George, Love, and McConkey
Income Tax - Credit to Businesses for Employment


Allowing a credit against the State income tax for an employer that experiences a decline in revenue and does not terminate any employees; requiring the employer to submit an application with specified information; requiring the Comptroller to approve or deny an application within 60 days after it is submitted; requiring the Comptroller to issue a credit certificate if an application is approved; providing the credit may not exceed $500 per employee or $5,000 per employer; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used. For explanation of terms click here.
House Action
First Reading Ways and Means
Hearing 3/6 at 1:00 p.m.
Senate Action
No Action

Sponsored by:

Delegate Cathy Vitale, District 33A
Delegate Pamela Beidle, District 32
Delegate Adelaide C. Eckardt, District 37B
Delegate Ron George, District 30
Delegate Mary Ann E. Love, District 32
Delegate Tony McConkey, District 33A

Bill indexed under the following Subjects:

Income Tax
Rules and Regulations
Tax Credits -see also- Circuit Breaker
Work, Labor and Employment -see also- Col Barg; Holiday; etc

Bill affects the following Statute:

Tax - General
( 10-731 )


All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments: None offered