Income tax, corporate; telework expenses tax credit. (SB1335)
Introduced By
Sen. Mark Herring (D-Leesburg)
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 for taxable years beginning on or after January 1, 2012, but before January 1, 2014. 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. The total credit amount any one employer may take for 2012 and 2013 is $50,000. The aggregate amount of tax credits that will be issued is capped at $1 million annually for taxable years 2012 and 2013. Read the Bill »
Outcome
Bill Has Passed
History
| Date | Action |
|---|---|
| 01/12/2011 | Prefiled and ordered printed; offered 01/12/11 11104104D |
| 01/12/2011 | Referred to Committee on Finance |
| 01/29/2011 | Impact statement from TAX (SB1335) |
| 02/02/2011 | Reported from Finance (14-Y 0-N) (see vote tally) |
| 02/03/2011 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
| 02/04/2011 | Read second time and engrossed |
| 02/07/2011 | Read third time and passed Senate (39-Y 0-N) (see vote tally) |
| 02/07/2011 | Reconsideration of passage agreed to by Senate (40-Y 0-N) (see vote tally) |
| 02/07/2011 | Passed Senate (40-Y 0-N) (see vote tally) |
| 02/09/2011 | Placed on Calendar |
| 02/09/2011 | Read first time |
| 02/09/2011 | Referred to Committee on Finance |
| 02/10/2011 | Assigned Finance sub: #3 |
| 02/10/2011 | Impact statement from TAX (SB1335) |
| 02/11/2011 | Subcommittee recommends reporting with amendment(s) (5-Y 0-N) |
| 02/14/2011 | Reported from Finance with amendment (20-Y 2-N) (see vote tally) |
| 02/15/2011 | Read second time |
| 02/16/2011 | Read third time |
| 02/16/2011 | Committee amendment agreed to |
| 02/16/2011 | Engrossed by House as amended |
| 02/16/2011 | Passed House with amendment (88-Y 9-N) |
| 02/16/2011 | VOTE: PASSAGE (88-Y 9-N) (see vote tally) |
| 02/16/2011 | House amendment agreed to by Senate (40-Y 0-N) (see vote tally) |
| 02/21/2011 | Enrolled |
| 02/21/2011 | Bill text as passed Senate and House (SB1335ER) |
| 02/21/2011 | Signed by Speaker |
| 02/22/2011 | Signed by President |
| 02/23/2011 | Impact statement from TAX (SB1335ER) |
| 03/23/2011 | G Approved by Governor-Chapter 417 (effective 7/1/11) |
| 03/23/2011 | G Acts of Assembly Chapter text (CHAP0417) |