Income tax, state; provides a tax credit for taxpayers making electronic toll collection payments. (SB5024)

Introduced By

Sen. Mark Herring (D-Leesburg)

Progress

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

Description

Income tax; toll payment tax credit. Provides a tax credit against income tax for taxpayers making electronic toll collection payments, such as Smart Tag, in an amount equal to 10% of the total amount paid annually for tolls on Virginia highways, for taxable years beginning on and after January 1, 2007. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
09/15/2006Presented and ordered printed 062115466
09/15/2006Referred to Committee on Finance
09/25/2006Fiscal impact statement from TAX (SB5024)
09/28/2006Passed by indefinitely in Finance (12-Y 3-N)

Duplicate Bills

The following bills are identical to this one: HB5051.