Income tax, state; telework tax credit to aide transportation, report. (HB6024)

Introduced By

Del. Scott Lingamfelter (R-Woodbridge) with support from 9 copatrons, whose average partisan position is:

Those copatrons are Del. Kathy Byron (R-Lynchburg), Del. Jeff Frederick (R-Woodbridge), Del. Bill Janis (R-Glen Allen), Del. Manoli Loupassi (R-Richmond), Del. Bob Marshall (R-Manassas), Del. Don Merricks (R-Danville), Del. Jackson Miller (R-Manassas), Del. Chris Peace (R-Mechanicsville), Del. Terrie Suit (R-Virginia Beach)

Progress

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

Description

Income tax; telework tax credit to aide transportation. Provides employers a one-time telework tax credit of up to $20,000 to offset program set-up costs, plus annual credits of up to $1,200 per new teleworker, for taxable years beginning on and after January 1, 2009, and prior to January 1, 2011. There is an annual $2 million cap on the amount of the credits that may be taken. Read the Bill »

Status

06/23/2008: Awaiting a Vote in the Finance Committee

History

DateAction
06/23/2008Presented and ordered printed 081933600
06/23/2008Referred to Committee on Finance
06/23/2008Impact statement from TAX (HB6024)