BILL · 1997–98 SESSION

HB 1305: Distressed area job creation

Increasing availability of tax credits for job creation in distressed areas.

Summary

  • The Business and Occupation (B&O) Jobs Tax Credit program requirement that a business must increase its existing force work by 15 percent to claim a tax credit is replaced with a requirement that there is an increase in employment over previous year. The single business limitation of $300,000 in credits over the life of the program is changed to $300,000 per taxable year.

From the House Bill Analysis (HB 1305), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 21, 1997
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Senator (D-35)
Introduced
January 21, 1997 in the House
Last action
January 12, 1998
Budget
Has a fiscal note

Sponsors

Votes

No recorded floor votes. This measure never reached a floor vote.

History

The Legislature's online data doesn't include step-by-step history for sessions before 2001. Its final status is shown above, and the official bill page may have more.

HB 1305 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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