Income tax, state; small employer health insurance tax credit. (SB1442)

Introduced By

Sen. Roscoe Reynolds (D-Martinsville)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Small employer health insurance tax credit.  Establishes a tax credit for small employers that pay a portion of their employees' health insurance premiums. The credit would be equal to 30 percent of the federal small employer health insurance tax credit claimed by the employer and would have a seven-year carryforward period. Under the bill, a small employer is one with no more than 25 full-time employees. Read the Bill »


02/02/2011: Failed to Pass in Committee


01/21/2011Presented and ordered printed 11104043D
01/21/2011Referred to Committee on Finance
01/26/2011Impact statement from TAX (SB1442)
02/02/2011Passed by indefinitely in Finance with letter (14-Y 0-N) (see vote tally)
02/02/2011Letter sent to the Joint Legislative Audit and Review Commission