Telework tax credit; creates income tax credit for certain employees. (HB1336)

Introduced By

Del. David Ramadan (R-South Riding) with support from co-patron Del. Michael Webert (R-Marshall)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Tax credit for employees who telework. Creates a $500 income tax credit for employees who telework a minimum of 20 hours per week during at least 45 weeks of the taxable year. The employee would apply for tax credit to the Department of Taxation. The Department would determine whether the applicant has met the statutory requirements for the tax credit and would issue tax credits to those employees meeting such requirements. Tax credits would be issued on a first-come, first-served basis. The Department would not be allowed to issue more than $2 million in tax credits in any fiscal year. Any unused credit would not be allowed to be carried forward or carried back against the individual's tax liability. The credit would be available for taxable years beginning on or after January 1, 2013, but before January 1, 2018. Read the Bill »

Status

02/13/2013: Passed the Senate

History

  • 11/19/2012 Committee
  • 11/19/2012 Prefiled and ordered printed; offered 01/09/13 13100524D
  • 11/19/2012 Referred to Committee on Finance
  • 01/12/2013 Impact statement from TAX (HB1336)
  • 01/14/2013 Assigned Finance sub: #3
  • 01/25/2013 Subcommittee recommends no action (5-Y 0-N)
  • 01/30/2013 Subcommittee recommends reporting with amendment(s) (3-Y 1-N)
  • 01/30/2013 Reported from Finance with amendments (14-Y 8-N) (see vote tally)
  • 02/01/2013 Read first time
  • 02/04/2013 Passed by temporarily
  • 02/04/2013 Read second time
  • 02/04/2013 Committee amendments agreed to
  • 02/04/2013 Engrossed by House as amended HB1336E
  • 02/04/2013 Printed as engrossed 13100524D-E
  • 02/05/2013 Read third time and passed House (59-Y 38-N 1-A)
  • 02/05/2013 VOTE: PASSAGE (59-Y 38-N 1-A) (see vote tally)
  • 02/05/2013 Impact statement from TAX (HB1336E)
  • 02/06/2013 Constitutional reading dispensed
  • 02/06/2013 Referred to Committee on Finance
  • 02/12/2013 Reported from Finance with substitute (15-Y 0-N) (see vote tally)
  • 02/12/2013 Committee substitute printed 13105141D-S1
  • 02/13/2013 Constitutional reading dispensed (40-Y 0-N) (see vote tally)
  • 02/13/2013 Read third time
  • 02/13/2013 Reading of substitute waived
  • 02/13/2013 Committee substitute agreed to 13105141D-S1
  • 02/13/2013 Engrossed by Senate - committee substitute HB1336S1
  • 02/13/2013 Passed Senate with substitute (40-Y 0-N) (see vote tally)
  • 02/13/2013 Placed on Calendar
  • 02/13/2013 Passed by temporarily
  • 02/13/2013 Senate substitute rejected by House 13105141D-S1 (1-Y 94-N 1-A)
  • 02/13/2013 VOTE: REJECTED (1-Y 94-N 1-A) (see vote tally)
  • 02/13/2013 Senate insisted on substitute (40-Y 0-N) (see vote tally)
  • 02/13/2013 Senate requested conference committee
  • 02/13/2013 House acceded to request
  • 02/13/2013 Conferees appointed by House
  • 02/13/2013 Delegates: Ramadan, Cole, Filler-Corn
  • 02/13/2013 Conferees appointed by Senate
  • 02/13/2013 Senators: Ruff, Stuart, Vogel
  • 02/23/2013 No further action taken
  • 02/23/2013 Failed to pass in House

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 5 clips in all, totaling 6 minutes. Click the image of the video to play it.

Comments

stephen writes:

Why should these people get a tax break? they already get a tax break by not having to buy over taxed gas to get to work. Clearly another bill where someone is looking for a hand out. I use a paper cup more than once, this saves tree's. I want a tax break too.

Gregg writes:

This bill is a about the utmost in stupid. Stephen has it correct. If looking to give a tax break, how about providing one to disabled veterans that sacrificed so much for the freedoms we all enjoy.

Gregg J writes:

Give a tax credit to citizens that don't need it and ignore disabled veterans. Virginia is in deseprate need of leadership in the legislature.

This tax credit is about asinine, legislators claim we have no money to repair the roads however they foolishly give away unnecessary tax breaks. Shame on the legislature.