Teaching material expenses; establishes a tax credit, effective clause. (SB500)

Introduced By

Sen. Bryce Reeves (R-Spotsylvania) with support from co-patrons Del. John Avoli (R-Staunton), Del. Mark Cole (R-Fredericksburg), Sen. Ben Chafin (R-Lebanon), and Sen. Mark Peake (R-Lynchburg)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Tax credit for teaching material expenses. Establishes an individual nonrefundable income tax credit of up to $250 for licensed teachers in taxable years beginning on or after January 1, 2020, but before January 1, 2025, for the purchase price of materials used in teaching public primary or secondary school students that were purchased during the taxable year, provided that such purchases were neither reimbursed nor claimed as a deduction on the teacher's federal income tax return. The total amount of tax credits available for a taxable year shall not exceed $1 million. If the amount of the credit exceeds the taxpayer's tax liability for the taxable year in which the teaching materials were purchased, such excess may be carried over for five years. The provisions of the bill are contingent on funding in a general appropriation act. Read the Bill »


Bill Has Failed


01/07/2020Referred to Committee on Finance
01/07/2020Prefiled and ordered printed; offered 01/08/20 20102642D
01/07/2020Referred to Committee on Finance and Appropriations
01/08/2020Moved from Finance to Finance and Appropriations due to a change of the committee name
01/22/2020Impact statement from TAX (SB500)
01/29/2020Reported from Finance and Appropriations with amendment (15-Y 0-N) (see vote tally)
01/30/2020Constitutional reading dispensed (37-Y 0-N) (see vote tally)
01/31/2020Read second time
01/31/2020Reading of amendment waived
01/31/2020Committee amendment agreed to
01/31/2020Engrossed by Senate as amended SB500E
01/31/2020Printed as engrossed 20102642D-E
02/03/2020Read third time and passed Senate (40-Y 0-N) (see vote tally)
02/12/2020Placed on Calendar
02/12/2020Read first time
02/12/2020Referred to Committee on Finance
02/13/2020Impact statement from TAX (SB500E)
02/13/2020Assigned Finance sub: Subcommittee #1
02/17/2020Subcommittee recommends reporting with amendment (9-Y 0-N)
02/17/2020Subcommittee recommends referring to Committee on Appropriations
02/19/2020Reported from Finance with amendment (22-Y 0-N) (see vote tally)
02/19/2020Referred to Committee on Appropriations
03/03/2020Left in Appropriations