Relating to a tax credit for workforce expansion; prescribing an effective date.
Summary
Creates income tax credit for taxpayers that expand workforce, with positions that pay above average wage, by 10 percent or more in tax year. Applies to tax years beginning on or after January 1, 2022, and before January 1, 2028. Takes effect on 91st day following adjournment sine die.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2021
Committee Review
Floor Vote
Governor
Introduced Jan 11, 2021
Last action Jun 27, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
3
Key actions
1
Committee
2
Jun 27, 2021
Upper · Passed
In committee upon adjournment.
upper
Jan 19, 2021
Committee
Referred to Labor and Business, then Tax Expenditures.
upper
Jan 11, 2021
Introduced
Introduction and first reading. Referred to President's desk.
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Tim Knopp
RRepublican
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