Pending Senate Finance Committee
February 8 2010 - To Finance

The purpose of this bill is to provide a phased-in credit against corporation net income tax and personal income tax for ad valorem property taxes paid in this state with respect to industrial tangible personal property consisting of machinery and equipment, and to provide a transitional credit against the portion of a taxpayer's corporation net income tax resulting from its use of combined reporting, the amount of the credit being measured by the lesser of the amount of ad valorem property taxes paid in the tax year by the taxpayer in this state with respect to industrial tangible personal property consisting of machinery and equipment or the amount of increased corporation net income tax paid due to combined reporting.

Creating WV Manufacturing Competitiveness and Growth Act

Sen Chafin	Sen Foster	Sen Jenkins	Sen McCabe
Sen Unger	Sen Wells

2010-02-08 - To Finance
2010-02-08 - Committee substitute reported, but first to Finance
2010-01-13 - To Economic Development
2010-01-13 - To Economic Development then Finance
2010-01-13 - Introduced in Senate
2010-01-13 - To Economic Development then Finance
2010-01-13 - Filed for introduction

11-13AA-1 (New)
11-13AA-2 (New)
11-13AA-3 (New)
11-13AA-4 (New)
11-13AA-5 (New)
11-13AA-6 (New)
11-13AA-7 (New)
11-13AA-8 (New)
11-13AA-9 (New)
11-24-9d (New)