Income tax, state; tax credit for health insurance premiums paid by small business employers. (HB59)
Introduced By
Del. Jeff Frederick (R-Woodbridge)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Income tax; tax credit for health insurance premiums paid by small business employers.Provides a tax credit for taxable years beginning on or after January 1, 2009, to employers who pay at least one-half of the annual health insurance premium per employee. The amount of the credit is the lesser of $500 or the amount paid per employee. The total amount of credits available to each employer annually is limited to $25,000. The credits are available to employers with 50 or fewer full-time employees. Read the Bill »
Outcome
Bill Has Failed
History
| Date | Action |
|---|---|
| 12/05/2007 | Committee |
| 12/05/2007 | Prefiled and ordered printed; offered 01/09/08 089801508 |
| 12/05/2007 | Referred to Committee on Finance |
| 01/12/2008 | Impact statement from TAX (HB59) |
| 01/14/2008 | Impact statement from TAX (HB59) |
| 01/15/2008 | Assigned Finance sub: 3 |
| 01/28/2008 | Continued to 2009 in Finance |
Comments
There is a way to come up with a reasonable cost that each person could afford, considering that higher hospital fees are passed on to us anyway, whether we have insurance or not.
Mary Steele
Yorktown VA