Creates the Competitive Projects Payroll Incentive Program which grants rebates of up to 15% of qualifying payroll to certain businesses and rebates of sales tax or capital expenditures if DED determines it will result in significant positive economic benefit to the state.
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Sponsor
- Neil Riser
- John A. Alario, Jr.
- Jean-Paul "JP" Morrell
- Gary L. Smith, Jr.
- Michael A. Walsworth
Latest Legislative Action
- March 27, 2012 - Read by title. Committee amendments read and adopted; ordered engrossed and recommitted to the Committee on Finance.
- March 26, 2012 - Reported with amendments.
- March 12, 2012 - Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Revenue and Fiscal Affairs.
- March 02, 2012 - Prefiled and under the rules provisionally referred to the Committee on Revenue and Fiscal Affairs.