Income tax, state; worker retraining tax credit. (HB1761)
Introduced By
Del. Bob Purkey (R-Virginia Beach)
Progress
✓ |
Introduced |
☐ |
Passed Committee |
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Passed House |
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Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Income tax; worker retraining tax credit. Increases from 30% to 65% the percentage of the expenditures spent for worker retraining that an employer may take as an income tax credit. It also raises the maximum amount of credit per qualified employee from $100 to $1000. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
12/27/2006 | Committee |
12/27/2006 | Prefiled and ordered printed; offered 01/10/07 075069472 |
12/27/2006 | Referred to Committee on Finance |
01/10/2007 | Assigned Finance sub: #1 (Orrock) |
01/17/2007 | Impact statement from TAX (HB1761) |