Income taxes, state and corporate; tax credit for employers of National Guard members. (HB2608)

Introduced By

Del. Nick Freitas (R-Culpeper)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Individual and corporate income tax credit; employers of National Guard members and self-employed National Guard members. Provides for taxable years 2019 through 2023 a nonrefundable tax credit against individual and corporate income taxes for (i) wages paid by an employer to an employee who is a Virginia National Guard member or (ii) income of a self-employed National Guard member attributable to his business. The amount of the credit shall be 25 percent if such member was in a military pay status for 65 days or more during such taxable year or 15 percent if such member was in a military pay status for 45 days or more during such taxable year. The credit shall not be allowed if such member was in a military pay status for less than 45 days during such taxable year The bill allows a taxpayer to carry unused credits over for up to five taxable years. Read the Bill »


Bill Has Failed


01/09/2019Presented and ordered printed 19104148D
01/09/2019Referred to Committee on Finance
01/18/2019Assigned Finance sub: Subcommittee #1
01/22/2019Impact statement from TAX (HB2608)
01/23/2019Subcommittee recommends reporting with amendments (7-Y 1-N)
01/30/2019Reported from Finance with amendments (19-Y 0-N) (see vote tally)
01/30/2019Referred to Committee on Appropriations
02/05/2019Left in Appropriations