Neighborhood Assistance Act; tax credits, qualified neighborhood organizations. (SB1730)

Introduced By

Sen. Creigh Deeds (D-Bath) with support from co-patrons Del. Mike Mullin (D-Newport News), Del. Brenda Pogge (R-Williamsburg), Del. David Toscano (D-Charlottesville), and Sen. Lynwood Lewis (D-Accomac)

Progress

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

Description

Neighborhood Assistance Act tax credits; qualified neighborhood organizations. Allows a neighborhood organization to qualify to receive an allocation of tax credits from the Department of Education if at least 50 percent of the neighborhood organization's revenues are used to provide services to low-income persons or eligible students with disabilities either directly by the organization or through the provision of funds to other organizations and groups providing such services. The bill was incorporated into SB 1742. Read the Bill »

Status

04/24/2019: Awaiting a Vote in the Finance Committee

History

Date	Action
01/16/2019	Presented and ordered printed 19103730D
01/16/2019	Referred to Committee on Finance
01/27/2019	Impact statement from TAX (SB1730)
01/29/2019	Incorporated by Finance (SB1754-Hanger) (16-Y 0-N) (see vote tally)