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Committee advances two small tax-credit bills; other measures given first hearings
Summary
The subcommittee advanced House Bill 1070 (short-line railroad maintenance credit) and House Bill 519 (work opportunity tax credit) by voice vote; House Bills 376 and 1159 received first hearings only and will return for additional testimony.
At the start of the session the income tax subcommittee advanced two measures by voice vote.
House Bill 1070 (Short Line Railroad Track Maintenance Tax Credit) was presented as a second hearing item; the presenter said it extends the 2018 credit five years and raises the per-track-mile cap from $3,500 to $5,000. The committee moved to pass and the chair declared the motion carried by voice vote.
House Bill 519 (Work Opportunity Tax Credit) was presented in its second hearing. Presenter said it would create a $500 state tax credit for employers who hire workers with employment barriers, with a $10,000,000 program cap. A motion to pass was made and the committee carried it unanimously; Representative Prince is recorded as seconding the motion.
House Bill 376 (historic rehabilitation credit) and House Bill 1159 (state treatment of Farmer Bridge Assistance payments) received first hearings and will return for further testimony and review; no votes were taken on those measures during the session.
