Reduce Errors in Employment Tax Increment Financing Benefits

Last updated: Jun 9, 2021

Details about this bill
Category: Taxation
Status: Carried Over
Sponsor: Representative Amy Arata, House 65
Session: 130
Bill #: LD 1156

Position:

Monitoring.

Summary:

Representative Arata of New Gloucester improves the employment tax increment financing program for calendar years beginning with 2022 by basing benefits on the gross wages of qualified employees rather than on income tax withholding for those employees.