HB 2811 Income tax, state; distribution to localities based on economic development.
John A. Cosgrove | all patrons    ...    notes
| add to my profiles

Summary as introduced:
Individual income tax; distribution to localities.  Requires the distribution of 25 percent of income tax revenues collected from employees of new business enterprises back to the localities in which the enterprises are located. Distributions will continue for 10 years or as long as the business remains in the locality, whichever is less.

Full text:
01/18/05  House: Presented & ordered printed 059126276  pdf | impact statement

Status:
01/18/05  House: Presented & ordered printed 059126276
01/18/05  House: Referred to Committee on Finance
01/25/05  House: Assigned to Finance sub-committee: #1
02/02/05  House: Tabled in Finance (22-Y 0-N)