Income tax, state; qualifying educational expenses tax credit. (HB420)

Introduced By

Del. Bob Marshall (R-Manassas)

Progress

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

Description

Income tax; qualifying educational expenses tax credit. Provides a tax credit for certain qualifying educational expenses paid for public and private elementary and secondary schools and home schooling, for taxable years beginning on and after January 1, 2008. The credit amount allowed to be claimed is the lesser of the amount actually paid or (i) $2,000 for home schooling, and (ii) $3,000 for public and private elementary and secondary schools. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/04/2008Committee
01/04/2008Prefiled and ordered printed; offered 01/09/08 082839616
01/04/2008Referred to Committee on Finance
01/15/2008Assigned Finance sub: 3
01/19/2008Impact statement from TAX (HB420)
02/12/2008Left in Finance