Temporary Assistance for Needy Families; tax credit for hiring recipients thereof. (SB1027)

Introduced By

Sen. Phil Puckett (D-Tazewell)

Progress

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

Description

Tax credit for hiring recipients of Temporary Assistance for Needy Families.  Provides that the tax credit would be issued on a fiscal year basis and that no more than $3 million in tax credits would be issued in any fiscal year of the Commonwealth. The bill charges the Department of Taxation with administering the tax credit.

Under current law, the amount of tax credits that may be issued in a fiscal year is subject to the general appropriation act. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/11/2011Prefiled and ordered printed; offered 01/12/11 11102888D
01/11/2011Referred to Committee on Finance
01/23/2011Impact statement from TAX (SB1027)
01/25/2011Reported from Finance (13-Y 1-N) (see vote tally)
01/26/2011Constitutional reading dispensed (38-Y 0-N) (see vote tally)
01/27/2011Read second time and engrossed
01/28/2011Passed by for the day
01/31/2011Read third time and passed Senate (37-Y 2-N) (see vote tally)
02/07/2011Placed on Calendar
02/07/2011Read first time
02/07/2011Referred to Committee on Finance
02/08/2011Assigned Finance sub: #3
02/10/2011Impact statement from TAX (SB1027)
02/22/2011Left in Finance

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 3 clips in all, totaling 3 minutes.