Coalfield region public education tax credit. (HB1672)
Introduced By
Del. Will Morefield (R-North Tazewell)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Coalfield region public education tax credit. Establishes a tax credit for taxable years 2017 through 2021 for donations to public schools in the coalfield region. The credit would equal 65 percent of the value of the donation. The Department of Taxation would be authorized to issue $5 million in tax credits each fiscal year. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/05/2017 | Committee |
01/05/2017 | Prefiled and ordered printed; offered 01/11/17 17100579D |
01/05/2017 | Referred to Committee on Finance |
01/19/2017 | Assigned Finance sub: Subcommittee #3 |
01/19/2017 | Impact statement from TAX (HB1672) |
01/27/2017 | Subcommittee recommends laying on the table |
02/07/2017 | Left in Finance |