Justin Woodson
- Democratic
- Representative
- District 9
Primary
Requires DBEDT to provide support services to new businesses. Establishes a separate general excise tax rate for a business's first five years of operation. Exempts a business from paying any fees related to licensing and registration within its first five years of operation. Allows individuals to continue to receive unemployment benefits while in the process of starting a business. Requires the state procurement office to advise government bodies to allocate at least five percent of funding to procure goods and services from new businesses in the State. Prohibits savings and loan associations from requiring a signed confession of judgment from a small business as a condition of receiving a loan.
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This measure has been deleted from the meeting scheduled on Friday 02-04-22 10:00AM in conference room 312 Via Videoconference.
Re-referred to ECD/GVR, CPC, FIN, referral sheet 6
Bill scheduled to be heard by ECD on Friday, 02-04-22 10:00AM in House conference room 312 Via Videoconference.
Referred to ECD, GVR, CPC, referral sheet 3
Introduced and Pass First Reading.
| Bill Text Versions | Format |
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| HB2402 | PDF HTML |
| Document | Format |
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| No related documents. |
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