Wednesday, July 9, 2008
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Tracking Virginia’s General Assembly
since 2007.
HB1194: Income tax, corporate; higher education research and development tax credit.
Chief Patron
Del.
Brian Moran (D-46)
Brian Moran
(D-46)
Alexandria, VA
Served: 1996–
Progress
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Introduced |
 |
Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Status
01/15/2008: In Finance Committee
Summary
Corporate income tax; higher education research and development tax credit. Allows corporations that invest in research and development programs in Virginia's institutions of higher education a tax credit in the amount of 20 percent of such investments, effective for taxable years beginning on or after January 1, 2009. The annual total credit per taxpayer is limited to $100,000, and the total amount of credits that may be granted annually by the Department of Taxation is $20 million.
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Votes were cast on this bill on the following dates for which Richmond Sunlight has video: 01/09/2008, 01/09/2008, 02/04/2008 and 02/04/2008.
Poll Results
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