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RES 361 Draft 01 2016-2018
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RES 361 Draft 01 2016-2018
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Entry Properties
Last modified
11/20/2017 1:59:17 PM
Creation date
10/5/2017 1:28:15 PM
Metadata
Fields
Template:
Bill/Resolution
Bill/Resolution - Type
RES
Bill/Resolution - Council Term
2016-2018
Bill/Resolution
361
Draft
01
Introducer
Dru Mamo Kanuha, Council Member
Referred To
GREDC
Action 1
GREDC-7: Recommends adoption - 10/17/2017
Action 2
Council: Adopts Res. 361-17 & GREDC-7 - 11/02/17
Status
Adopted
Date To Mayor or Adoption Date
11/2/2017
Reading Number
1
Reading Date
11/2/2017
Ayes
8-David;Eoff;Kanuha;Lee Loy;O'Hara;Poindexter;Richards;Ruggles
Noes
0
Absent
1-Chung
Excused
0
Document Relationships
AGE COUNCIL 2017/11/02 2016-2018
(Related)
Path:
\Council Records\Agendas\2016-2018\Council
AGE GREDC 2017/10/17 (2016-2018)
(Related To)
Path:
\Council Records\Agendas\2016-2018\Governmental Relations & Economic Development Committee (GREDC)
COM 0534.000 2016-2018
(Related To)
Path:
\Council Records\Communications\2016-2018
REP GREDC 007 2017/10/17 (2016-2018)
(Related To)
Path:
\Council Records\Reports\2016-2018\Governmental Relations Economic Development Committee (GREDC)
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ILMJII NO . <br /> 1 (2) No wages shall be taken into account under this section <br /> 2 with respect to any elderly individual if, prior to the day the individual <br /> 3 is hired by the employer, the individual had been employed by the <br /> 4 employer at any time. <br /> 5 (d) In the case of a successor employer referred to in section <br /> 6 3306(b)(1) of the Internal Revenue Code, the determination of the amount of <br /> 7 the tax credit allowable under this section with respect to wages paid by the <br /> 8 successor employer shall be made in the same manner as if the wages were <br /> 9 paid by the predecessor employer referred to in the section. <br /> 10 (e) Claims for the tax credit under this section, including any <br /> 11 amended claims, shall be filed on or before the end of the twelfth month <br /> 12 following the taxable year for which the credit may be claimed. Failure to <br /> 13 comply with the foregoing provision shall constitute a waiver of the'right to <br /> 14 claim the tax credit. <br /> 15 (1) The director of taxation: <br /> 16 (1) Shall prepare any forms necessary to claim a credit under <br /> 17 this section; <br /> 18 (2) May require a taxpayer to furnish reasonable information <br /> 19 to ascertain the validity of a claim for credit; and <br /> 20 (3) May adopt rules pursuant to chapter 91 to effectuate the <br /> 21 purposes of this section. <br /> 3 <br />
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