Income tax, state; rent reductions tax credit. (HB1568)

Introduced By

Del. Jennifer McClellan (D-Richmond)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Income tax; rent reductions tax credit. Removes the January 1, 2010, sunset date and allows the VHDA to approve an additional $100,000 in credits, for a total of $150,000, for rental fees that are reduced by 50% or more. Amends § 58.1-339.9, of the Code of Virginia. View Full Text »

Status

01/24/2006: Awaiting a Vote in the Finance Committee

History

  • 01/20/2006 Presented and ordered printed 068871364
  • 01/20/2006 Referred to Committee on Finance
  • 01/24/2006 Assigned to Finance sub-committee: #3 (Ware, R.L.)
  • 02/09/2006 Fiscal impact statement from TAX (HB1568)
  • 02/13/2006 Continued to 2007 in Finance