Education programs; allocation of unissued tax credits. (SB1167)
Introduced By
Sen. Bill DeSteph (R-Virginia Beach) with support from co-patron Del. Barry Knight (R-Virginia Beach)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Tax credits related to education; aggregate cap. Allocates 20 percent of any unissued credits in a fiscal year under the Education Improvement Scholarships tax credit program to the Superintendent of Public Instruction to be allocated to education programs under the Neighborhood Assistance Act tax credit program during the next fiscal year. The 20 percent of unissued credits would be added to the current $9 million cap for education programs under the Neighborhood Assistance Act tax credit program. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/09/2017 | Prefiled and ordered printed; offered 01/11/17 17101262D |
01/09/2017 | Referred to Committee on Finance |
01/22/2017 | Impact statement from TAX (SB1167) |
01/31/2017 | Passed by indefinitely in Finance (14-Y 1-N) (see vote tally) |