HB 723: Tax Credits for Restaurants with Tipped Employees
GENERAL BILL by Hooper ; (CO-INTRODUCERS) Ford ; Troutman
Tax Credits for Restaurants with Tipped Employees; Authorizes OTTED to grant tax credits against sales & use tax or corporate income tax liabilities to specified businesses; specifies rate for credit; provides for adjusting rate annually; provides for funding tax credits; limits amount of credits; provides methodology for allocating amounts of tax credits; requires tax credit applications to be approved by OTTED; provides application requirements, etc.
Last Action: 5/2/2009 House - Indefinitely postponed and withdrawn from consideration; Died in Committee on Economic Development Policy (EDCA)
Bill Text: Web Page | PDF
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Bill History
Date Chamber Action 2/3/2009 House • Filed
2/25/2009 House • Referred to Economic Development Policy (EDCA); Economic Development & Community Affairs Policy Council; Finance & Tax Council; Full Appropriations Council on Education & Economic Development
3/3/2009 House • Introduced, referred to Economic Development Policy (EDCA); Economic Development & Community Affairs Policy Council; Finance & Tax Council; Full Appropriations Council on Education & Economic Development -HJ 00062
5/2/2009 House • Indefinitely postponed and withdrawn from consideration; Died in Committee on Economic Development Policy (EDCA)
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HB 723, Original Filed Version (Current Bill Version) Posted 2/26/2009 at 5:30 PM
Bill Text: Web Page | PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location S 1928 Tax Credits for Certain Restaurants [WPSC] Altman Similar Last Action: 5/2/2009 S Indefinitely postponed and withdrawn from consideration; Died in Committee on Commerce
Location:Citations - Statutes (1)
Citation Catchline Location in Bill Location In Bill Help 509.073