BILL · 1997–98 SESSION

HB 2850: Distressed county hiring/tax

Providing tax credits for businesses doing new hiring in distressed rural communities.

Summary

  • A credit is provided against the business and occupation (B&O) tax that is equal to the first year wages paid for each qualified employment position created by a business within a distressed area. The business must request approval of the tax credit before actual hiring of the employee.

From the House Bill Analysis (HB 2850), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 21, 1998
  2. Out of committeestopped here
  3. Passed House
  4. Passed Senate
  5. Governor
  6. Law
Prime sponsor
Steve Van Luven (R-48)
Introduced
January 21, 1998 in the House
Last action
January 21, 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 2850 in other sessions

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

Report wrong or missing information on this page