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