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HB2539

Worker retraining tax credit; sunset date, worker training investment tax credit.

Status:
Enacted

Chief Patron:
Kathy Byron (R)

Session:
2019 Regular Session

Summary

As Passed Both Chambers. Sunset date for worker retraining tax credit; worker training investment tax credit.

Advances the sunset date of the worker retraining tax credit from January 1, 2022, to January 1, 2019, and creates the worker training investment tax credit to replace it beginning with taxable year 2019. The worker training investment tax credit is a modification of the worker retraining tax credit. Credit is allowed to businesses who provide (i) eligible worker training, defined in the bill, or (ii) manufacturing instruction to students. The provisions relating to manufacturing instruction are identical to those in the expiring worker retraining tax credit. (Less)
  • Bill History

  • 01/09/2019 - House: Prefiled and ordered printed; offered 01/09/19 19102343D
  • 01/09/2019 - House: Referred to Committee on Finance
  • 01/20/2019 - House: Impact statement from TAX (HB2539)
  • 01/21/2019 - House: Reported from Finance (20-Y 2-N)
  • 01/23/2019 - House: Read first time
  • 01/24/2019 - House: Read second time and engrossed
  • 01/25/2019 - House: Read third time and passed House (88-Y 9-N)
  • 01/25/2019 - House: VOTE: PASSAGE (88-Y 9-N)
  • 01/28/2019 - Senate: Constitutional reading dispensed
  • 01/28/2019 - Senate: Referred to Committee on Finance
  • 02/12/2019 - Senate: Reported from Finance with amendment (14-Y 0-N)
  • 02/13/2019 - Senate: Constitutional reading dispensed (39-Y 0-N)
  • 02/13/2019 - Senate: Read third time
  • 02/13/2019 - Senate: Reading of amendment waived
  • 02/13/2019 - Senate: Committee amendment agreed to
  • 02/13/2019 - Senate: Engrossed by Senate as amended
  • 02/13/2019 - Senate: Passed Senate with amendment (39-Y 0-N)
  • 02/13/2019 - House: Placed on Calendar
  • 02/13/2019 - House: Senate amendment agreed to by House (89-Y 5-N)
  • 02/13/2019 - House: VOTE: ADOPTION (89-Y 5-N)
  • 02/15/2019 - House: Enrolled
  • 02/15/2019 - House: Bill text as passed House and Senate (HB2539ER)
  • 02/15/2019 - House: Signed by Speaker
  • 02/15/2019 - Senate: Signed by President
  • 02/17/2019 - House: Impact statement from TAX (HB2539ER)
  • 02/19/2019 - House: Enrolled Bill communicated to Governor on February 19, 2019
  • 02/19/2019 - Governor: Governor's Action Deadline Midnight, March 26, 2019
  • 03/05/2019 - Governor: Approved by Governor-Chapter 189 (effective 7/1/19)
  • 03/05/2019 - Governor: Acts of Assembly Chapter text (CHAP0189)