West Virginia House Bill 2976 (Prior Session Legislation)

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Spectrum: Moderate Partisan Bill (Republican 7-1)
Status: Introduced on February 11 2019 - 25% progression, died in chamber
Action: 2019-03-09 - On 2nd reading, House Calendar
Text: Latest bill text (Comm Sub) [HTML]

The purpose of this bill is to create the Economic Diversification Act of 2019 for the purpose of income tax relief to new businesses whose product or service offered is not currently offered in the state or to businesses that are already established in this state that are offering new products or services. Counties and municipalities may also offer tax relief. The bill requires the Secretary of Commerce to appoint a commission to determine eligibility. The bill limits the tax relief to a maximum period of eight years.

Economic Diversification Act of 2019

Del. Daniel Linville [R]	Del. Joshua Higginbotham [R]	Del. Roger Hanshaw [R]	Del. Doug Skaff [D]
Del. Geoff Foster [R]	Del. John Hardy [R]	Del. Zachery Maynard [R]	Sen. Eric Nelson [R]

Date	Chamber	Action
2019-03-09	House	On 2nd reading, House Calendar
2019-02-26	House	From Special Calendar, 2nd reading, placed on House Calendar
2019-02-25	House	On 2nd reading, Special Calendar
2019-02-22	House	Read 1st time
2019-02-22	House	On 1st reading, Special Calendar
2019-02-21	House	By substitute, do pass
2019-02-11	House	To House Finance
2019-02-11	House	Introduced in House
2019-02-11	House	To Finance
2019-02-11	House	Filed for introduction

Chapter	Article	Section	Citation Type	Statute Text
5B	1	9	New Code	See Bill Text

Type	Source
Summary	http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=2976&year=2019&sessiontype=RS&btype=bill
Text	http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=hb2976%20intr.htm&yr=2019&sesstype=RS&i=2976
Text	http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=HB2976%20SUB.htm&yr=2019&sesstype=RS&i=2976