Worker retraining tax credit; increase in credit amount for tax years beginning January 1, 2012. (HB720)

Introduced By

Del. David Yancey (R-Newport News)

Progress

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

Description

Worker retraining tax credit; increase in credit amount. Increases the worker retraining tax credit for worker retraining courses taken by employees at private schools from a maximum of $100 per year per employee to $250 per year per employee or $500 per year per employee if the worker retraining includes retraining in a STEM or STEAM (science, technology, engineering, mathematics, or applied mathematics) discipline, including but not limited to a health care-related discipline. Amends § 58.1-439.6, of the Code of Virginia. View Full Text »

Outcome

Bill Has Failed

History

  • 01/11/2012 Prefiled and ordered printed; offered 01/11/12 12103169D
  • 01/11/2012 Referred to Committee on Finance
  • 01/19/2012 Impact statement from TAX (HB720)
  • 01/20/2012 Assigned Finance sub: #3
  • 02/03/2012 Subcommittee recommends reporting (3-Y 1-N)
  • 02/10/2012 Continued to 2013 in Finance
  • 11/29/2012 Left in Finance

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