Income tax, state; honorably discharged veteran job creation tax credit. (HB2439)

Introduced By

Del. David Poisson (D-Sterling)

Description

Income tax; honorably discharged veteran job creation tax credit. Provides an income tax credit to businesses for jobs created and filled by honorably discharged veterans. The amount of the credit for each such job is (i) two percent of each salary that is less than $50,000 a year, and (ii) $1,000 for each salary of $50,000 and more a year. The credit is available for taxable years beginning January 1, 2009, but before January 1, 2014. Amends § 58.1-439.12:03 (“Motion picture production tax credit.”), of the Code of Virginia. View Full Text »

Outcome

No Richmond Sunlight visitors voted on this bill while voting was open.