Friday, January 30, 2009

HB 2374 Income tax, state; Renewable Energy Job tax credit.

HB 2374 Income tax, state; Renewable Energy Job tax credit.
David L. Englin | all patrons ... notes
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Summary as introduced:
Income tax; Renewable Energy Job tax credit. Provides an income tax credit to corporations for each "Renewable Energy Job" created and filled. The amount of the credit for each such job is (i) two percent of each salary that is less than $50,000 a year, and (ii) $1,000 for each salary of $50,000 and more a year. A Renewable Energy Job is employment in an industry related to renewable alternative energies. The credit is available for taxable years beginning on or after January 1, 2009, but before January 1, 2014. Full text:
01/14/09 House: Prefiled and ordered printed; offered 01/14/09 091930500 (impact statement)

Status:
01/14/09 House: Prefiled and ordered printed; offered 01/14/09 091930500
01/14/09 House: Referred to Committee on Finance

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