|Posted:||April 17, 2019 09:50 AM|
|From:||Representative Mark K. Keller|
|To:||All House members|
|Subject:||Revisions to the Rural Jobs and Investment Tax Credit Program|
|In the near future I will introduce legislation to make some revisions to the Rural Jobs and Investment Tax Credit Program. Small business growth has been seriously hindered by regulation and lending constraints. The RJITC program was created in 2016 to assist these small businesses to expand and create jobs by providing the businesses with access to affordable capital.
Unfortunately, this program fell flat. DCED published guidelines and no applications were submitted due to lack of funding to the program.
My legislation will provide the much-needed changes to this program to allow our small rural businesses to grow and thrive. These changes include:
Please join me in co-sponsoring this legislation.
Introduced as HB1437