HB2760 H FIN AMT

Chakmakian 3260

The Committee on Finance moved to amend the bill by striking out the title and substituting therefor a new title, to read as follows:

“Com. Sub. for H. B. 2760 -- A Bill to amend and reenact §11-13Q-9, §11-13Q-10, §11-13Q-10a and §11-13Q-22 of the Code of West Virginia, 1931, as amended, all relating to economic development incentive tax credits; authorizing credit for the creation of 10 jobs under certain circumstances;  terminating small business credit after a certain date; eliminating credit to business franchise tax; authorizing certain manufacturing activities to qualify for high technology manufacturing tax credit; providing definitions; limiting certain multiple tax credits for the same qualified investment; eliminating prevailing wage requirement for certain additional credit; providing effective dates.”

Adopted

Rejected