SB671 SFBM SB/cfb
SENATE COMMITTEE ON SMALLL BUSINESS

COUNSEL: H. SUZANNE MCGRAW

DATE: MARCH 3, 1998

FLOOR BOOK MEMO

SENATE BILL NO. 671
(/)

BY: Senators Anderson, Minear, Bailey, Hunter, McKenzie, Sharpe, Sprouse and Ball.

SHORT TITLE:
Creating Small Tourism Business Development Act.

DATE INTRODUCED: February 23, 1998

CODE REFERENCE: Amends Chapter 11 by adding new Article 13N

PROPOSED LAW PRESENTED TO THE COMMITTEE: This bill would create a tax incentive for the creation, construction or enlargement of tourism attractions.

TITLE: Ok

FISCAL NOTE: Yes

GOVERNMENT AGENCIES AFFECTED: WV Department of Tax and Revenue; WV Division of Tourism

EFFECTIVE DATE: 90 days

OTHER COMMITTEE REFERENCE AND/OR ACTION: Finance

COMMENTS: None
COMMITTEE ACTION: cOCom. Sub. rReportded out to Finance with recommendation to pass.