Wednesday, July 23, 2008
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Tracking Virginia’s General Assembly
since 2007.

Search 2008 Bills:

HB358: Neighborhood Assistance Act; changes eligibility requirements for individuals to claim tax credits.

Chief Patron

Del. Phil Hamilton (R-93)

Phil Hamilton (R-93)
Newport News, VA
Served: 1988–

Progress

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

Status

Bill is Dead

View Entire History

Summary

Neighborhood Assistance Act; tax credits.  Changes the eligibility requirements for individuals to claim neighborhood assistance tax credits to align them with eligibility requirements for businesses. Individuals will be eligible for the credit for donations of real property and stock as well as monetary donations, and they may still claim the deduction on their federal tax returns for taxable years beginning on or after January 1, 2006.   View Full Text »

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Bill Text