Neighborhood assistance tax credit program; low-income persons. (HB1252)
Introduced By
Del. David Yancey (R-Newport News) with support from co-patron Sen. Monty Mason (D-Williamsburg)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Neighborhood assistance tax credits; low-income persons. Reduces from 300 percent to 180 percent of the poverty guidelines the maximum family annual household income for a person to be deemed a low-income person for whom services provided by a neighborhood organization may be funded under the neighborhood assistance tax credit program. Under the program, businesses and individuals are issued tax credits for donations to federal tax-exempt 501(c)(3) and 501(c)(4) nonprofit organizations undertaking programs for which at least 50 percent of the persons served under the program are low-income. Read the Bill »
Outcome
Bill Has Failed
History
| Date | Action |
|---|---|
| 01/19/2016 | Presented and ordered printed 16103798D |
| 01/19/2016 | Referred to Committee on Finance |
| 02/01/2016 | Impact statement from TAX (HB1252) |
| 02/02/2016 | Assigned to sub: Subcommittee #1 |
| 02/02/2016 | Assigned Finance sub: Subcommittee #1 |
| 02/08/2016 | Reported from Finance (19-Y 3-N) (see vote tally) |
| 02/09/2016 | Read first time |
| 02/10/2016 | Passed by for the day |
| 02/11/2016 | Passed by for the day |
| 02/12/2016 | Passed by for the day |
| 02/15/2016 | Motion to rerefer to committee agreed to |
| 02/15/2016 | Rereferred to Finance |
| 02/17/2016 | Left in Finance |