Income tax, state; tax credit to employers for expenses incurred in allowing employees to telework. (SB1097)
Introduced By
Sen. Mark Herring (D-Leesburg) with support from co-patrons Del. Jeff Frederick (R-Woodbridge), Sen. Creigh Deeds (D-Charlottesville), and Sen. Chap Petersen (D-Fairfax)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Income tax; telework expenses tax credit. Provides a tax credit to employers for expenses incurred in allowing employees to telework pursuant to a signed telework agreement. An employer would be eligible for a credit of up to $1,200 per teleworking employee, depending on the number of days per month an employee will telework and whether the employer's primary place of business is located in a nonattainment area under the federal Clean Air Act. There is also a 100 percent tax credit for costs the employer incurs for conducting a telework assessment in the year prior to implementing a formal telework program. This assessment credit is capped at $20,000 per employer. The aggregate amount of tax credits that will be issued is capped at $1 million annually for taxable years 2010 and 2011. Read the Bill »
Outcome
History
Date | Action |
---|---|
01/13/2009 | Prefiled and ordered printed; offered 01/14/09 091141220 |
01/13/2009 | Referred to Committee on Finance |
01/23/2009 | Impact statement from TAX (SB1097) |
02/11/2009 | Left in Finance |