Pending legislation to stimulate growth in Delaware’s economy
AKA the “Jobs Now” Agenda, this collection of pending legislation in 2014 is endorsed by the New Castle County Chamber of Commerce as a way to help stimulate growth in Delaware’s economy in the immediate future.
1. House Bill 330, the Angel Investment Tax Credit
2. House Bill 318, which would double the current Research and Development Tax Credit
3. Senate Bill 191, Downtown Development Districts
4. Senate Bill 220, implementing the recommendations of the Lottery and Gaming Study Commission
5. House Bill 286, legislation which will aid small businesses in collecting unpaid receivables.
6. Senate Bill 213, legislation which would create “Right to Work” Zones and include gross receipts tax abatement for manufacturers creating 20 or more jobs in a designated area.
7. Legislation (to be introduced by Representative Bryon Short) to implement the recommendations of the Health Care Advisory Panel and substantially lower worker’s compensation costs.
8. Full funding for the Strategic Fund
More details on the above here in PDF format.
- The Delaware Business Weekly Round Up – May 23, 2014
- Delaware Supreme Court Rules Private Companies Can Draft ‘Loser Pay’ By Laws
Great things being proposed. Best wishes for the State of Delaware.