2017 Session

Budget Amendments - SB900 (Member Request)

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Chief Patron: Chafin
Made in Appalachia Initiative Tax Credit (language only)

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"Official Revenue Estimates







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(This amendment accompanies Senate Bill 1106 which proposes to establish the Made in Appalachia Initiative tax credit. Beginning with tax year 2017, the bill would create a refundable tax credit for capital investment and job creation in the Cumberland Plateau, LENOWISCO, and Mount Rogers Planning Districts. This amendment assumes a GF revenue reduction of $40 million in FY 2018.)