Bill No.: HB0135 Drafter: ARM
LSO No.: 14LSO-0408 Effective Date: Immediate
Enrolled Act No.: HEA0051
Chapter No.: CH0076
Prime Sponsor: Representative Stubson
Catch Title: Small business investment credit-number of employees.
Subject: Investment credit against insurance premium taxes for investments in qualified small businesses.
Summary/Major Elements:
· The Wyoming small business investment credit program provides insurance companies with credit against premium taxes due based upon investment in qualified small businesses.
· This act increases the maximum number of employees for a qualified business from one hundred to two hundred fifty employees.