Income tax, corporate; tax credit to employers that provide employee transportation assistance. (HB2360)

Introduced By

Sen. Jennifer McClellan (D-Richmond)

Progress

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

Description

Taxation; employee transportation assistance tax credit.  Allows a tax credit to employers that provide employee transportation assistance for taxable years beginning on and after January 1, 2012. Such credit shall be equal to 25 percent of all expenditures paid or incurred by the employer for such assistance. Amends § 58.1-439.12:06, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/12/2011Committee
01/12/2011Prefiled and ordered printed; offered 01/12/11 11103836D
01/12/2011Referred to Committee on Finance
01/19/2011Assigned Finance sub: #3
01/22/2011Impact statement from TAX (HB2360)
01/28/2011Subcommittee recommends laying on the table
02/08/2011Left in Finance

Duplicate Bills

The following bills are identical to this one: SB1313.