Worker retraining tax credit; increase in credit amount for tax years beginning January 1, 2012. (HB720)

Introduced By

Del. David Yancey (R-Newport News)

Progress

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

Description

Worker retraining tax credit; increase in credit amount. Increases the worker retraining tax credit for worker retraining courses taken by employees at private schools from a maximum of $100 per year per employee to $250 per year per employee or $500 per year per employee if the worker retraining includes retraining in a STEM or STEAM (science, technology, engineering, mathematics, or applied mathematics) discipline, including but not limited to a health care-related discipline. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/11/2012Prefiled and ordered printed; offered 01/11/12 12103169D
01/11/2012Referred to Committee on Finance
01/19/2012Impact statement from TAX (HB720)
01/20/2012Assigned Finance sub: #3
02/03/2012Subcommittee recommends reporting (3-Y 1-N)
02/10/2012Continued to 2013 in Finance
11/29/2012Left in Finance