SB 866 - Shoemyer, Wes
Restricts favorable tax treatment and loan eligibility for employers
Bill Details
Sponsor
LR Number
3237S.01I
Title
SB 866
House Handler
N/A
Journal Page
Effective Date
August 28, 2008
Committee
Current Status
Second Read and Referred S Ways & Means Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 866 - This act bars an employer from receiving favorable tax treatment or loans from the state for 5 years when 25% or more of the employer's workforce is paid under the federal poverty level as published yearly by the United States Department of Health and Human Services. Agencies authorizing tax treatment or the issuance of loans may waive this restriction for a first-time occurrence. Findings of ineligibility may be appealed to the administrative hearing commission.
This act is similar to SB 70 (2007).
CHRIS HOGERTY