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

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
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 »

Outcome

Bill Has Passed
View Bill's History