Telework tax credit; creates income tax credit for certain employees. (HB1336)

Introduced By

Del. David Ramadan (R-South Riding) with support from co-patron Del. Michael Webert (R-Marshall)

Progress

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

Description

Tax credit for employees who telework. Creates a $500 income tax credit for employees who telework a minimum of 20 hours per week during at least 45 weeks of the taxable year. The employee would apply for tax credit to the Department of Taxation. The Department would determine whether the applicant has met the statutory requirements for the tax credit and would issue tax credits to those employees meeting such requirements. Tax credits would be issued on a first-come, first-served basis. The Department would not be allowed to issue more than $2 million in tax credits in any fiscal year. Any unused credit would not be allowed to be carried forward or carried back against the individual's tax liability. The credit would be available for taxable years beginning on or after January 1, 2013, but before January 1, 2018. Read the Bill »

Status

02/13/2013: Passed the Senate

History

DateAction
11/19/2012Committee
11/19/2012Prefiled and ordered printed; offered 01/09/13 13100524D
11/19/2012Referred to Committee on Finance
01/12/2013Impact statement from TAX (HB1336)
01/14/2013Assigned Finance sub: #3
01/25/2013Subcommittee recommends no action (5-Y 0-N)
01/30/2013Subcommittee recommends reporting with amendment(s) (3-Y 1-N)
01/30/2013Reported from Finance with amendments (14-Y 8-N) (see vote tally)
02/01/2013Read first time
02/04/2013Passed by temporarily
02/04/2013Read second time
02/04/2013Committee amendments agreed to
02/04/2013Engrossed by House as amended HB1336E
02/04/2013Printed as engrossed 13100524D-E
02/05/2013Read third time and passed House (59-Y 38-N 1-A)
02/05/2013VOTE: PASSAGE (59-Y 38-N 1-A) (see vote tally)
02/05/2013Impact statement from TAX (HB1336E)
02/06/2013Constitutional reading dispensed
02/06/2013Referred to Committee on Finance
02/12/2013Reported from Finance with substitute (15-Y 0-N) (see vote tally)
02/12/2013Committee substitute printed 13105141D-S1
02/13/2013Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/13/2013Read third time
02/13/2013Reading of substitute waived
02/13/2013Committee substitute agreed to 13105141D-S1
02/13/2013Engrossed by Senate - committee substitute HB1336S1
02/13/2013Passed Senate with substitute (40-Y 0-N) (see vote tally)
02/13/2013Placed on Calendar
02/13/2013Passed by temporarily
02/13/2013Senate substitute rejected by House 13105141D-S1 (1-Y 94-N 1-A)
02/13/2013VOTE: REJECTED (1-Y 94-N 1-A) (see vote tally)
02/13/2013Senate insisted on substitute (40-Y 0-N) (see vote tally)
02/13/2013Senate requested conference committee
02/13/2013House acceded to request
02/13/2013Conferees appointed by House
02/13/2013Delegates: Ramadan, Cole, Filler-Corn
02/13/2013Conferees appointed by Senate
02/13/2013Senators: Ruff, Stuart, Vogel
02/23/2013No further action taken
02/23/2013Failed to pass in House

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 5 clips in all, totaling 6 minutes.

Comments

stephen writes:

Why should these people get a tax break? they already get a tax break by not having to buy over taxed gas to get to work. Clearly another bill where someone is looking for a hand out. I use a paper cup more than once, this saves tree's. I want a tax break too.

Gregg writes:

This bill is a about the utmost in stupid. Stephen has it correct. If looking to give a tax break, how about providing one to disabled veterans that sacrificed so much for the freedoms we all enjoy.

Gregg J writes:

Give a tax credit to citizens that don't need it and ignore disabled veterans. Virginia is in deseprate need of leadership in the legislature.

This tax credit is about asinine, legislators claim we have no money to repair the roads however they foolishly give away unnecessary tax breaks. Shame on the legislature.