Friday, July 4, 2008
The General Assembly is now in session.
Tracking Virginia’s General Assembly
since 2007.
HB1160: Income tax, corporate; insurance premiums tax & employer-provided commuting expenses tax credit.
Chief Patron
Del.
Al Eisenberg (D-47)
Al Eisenberg
(D-47)
Arlington, VA
Served: 2004–
Progress
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Introduced |
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Passed Committee |
 |
Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Status
Bill is Dead
Summary
Income tax and insurance premiums tax; employer-provided commuting expenses tax credit. Grants an income or insurance premiums tax credit to employers in an amount equal to 50% of the eligible commuting expenses that they pay for their employees. The annual credit shall not exceed $600 per employee or the employer's tax liability, whichever is less, and shall be effective for tax years beginning on or after January 1, 2006. View Full Text »
Poll Results
No Richmond Sunlight visitors voted on this bill while voting was open.
