Income tax, state; increases livable home tax credit. (HB1938)
Introduced By
Del. Chris Peace (R-Mechanicsville) with support from co-patrons Del. Rob Bell (R-Charlottesville), Del. Matt Lohr (R-Harrisonburg), Del. Jennifer McClellan (D-Richmond), Del. John O'Bannon (R-Richmond), and Del. Tom Rust (R-Herndon)
Progress
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Introduced |
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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 |
Description
Income tax; livable home tax credit. Increases the individual tax credit limit from $500 to $2,000 and the 25 percent amount for retrofitting to 50 percent for taxable years beginning on or after January 1, 2010. Amends § 58.1-339.7 (“Livable Home Tax Credit.”), of the Code of Virginia. View Full Text »

