Income tax, state; tax credit for health insurance premiums paid by small business employers. (HB986)
Introduced By
Del. Dave Nutter (R-Christiansburg)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Income tax; tax credit for health insurance premiums paid by small business employers. Provides a tax credit for taxable years beginning on or after January 1, 2008, to employers who pay at least one-half of the annual health insurance premium per employee. The amount of the credit is the lesser of $500 or the amount paid per employee. The total amount of credits available to each employer annually is limited to $25,000. The credits are available to employers with 50 or fewer full-time employees. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/08/2008 | Committee |
01/08/2008 | Prefiled and ordered printed; offered 01/09/08 087030660 |
01/08/2008 | Referred to Committee on Finance |
01/12/2008 | Impact statement from TAX (HB986) |
01/14/2008 | Impact statement from TAX (HB986) |
01/15/2008 | Assigned Finance sub: 3 |
02/12/2008 | Left in Finance |