2005 House Bill 5330

Revise MEGA business tax break eligibility

Introduced in the House

Oct. 18, 2005

Introduced by Rep. John Pastor (R-19)

To eliminate the minimum number of qualified job requirements that are necessary for a company to be eligible for a MEGA tax credit. To be eligible for a tax credit a business would only need to maintain the same number of full-time jobs, rather than expand the number of jobs or meet one of a number of rather arcane formulas for job retention.

Referred to the Committee on Commerce