Income tax, state; tax credit for taxpayers making electronic toll collection payments. (SB1261)

Introduced By

Sen. Mark Herring (D-Leesburg)

Progress

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

Description

Income tax; toll payment tax credit. Provides a tax credit against individual income tax for taxpayers making electronic toll collection payments, such as Smart Tag, in an amount equal to 10% of the total amount paid annually for tolls on Virginia highways, for taxable years beginning on or after January 1, 2007. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/10/2007Prefiled and ordered printed; offered 01/10/07 078049738
01/10/2007Referred to Committee on Finance
01/29/2007Impact statement from TAX (SB1261)