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.
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.
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
COMMITTEE ACTION: cOCom. Sub. rReportded out to Finance with
recommendation to pass.