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House Bill 1693


House Bill 1693

ARCHIVE (2003)

Latest Information

 

DIGEST OF INTRODUCED BILL


Small business job creation tax credits. Provides a credit against state tax liability for small manufacturers who create at least ten new full-time jobs at a site located in Indiana. Provides that the amount of the credit is determined by multiplying the incremental income tax withholdings attributable to the new jobs by 30%. Provides that the credit may not exceed 30% of the taxpayer's state tax liability.
Current Status:
 In Committee - first House
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