Coal tax credits; sunset date. (HB1899)

Introduced By

Del. Sally Hudson (D-Charlottesville) with support from co-patrons Del. Elizabeth Guzman (D-Dale City), and Del. Suhas Subramanyam (D-Sterling)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Sunset of coal tax credits. Sunsets the Coal Employment and Production Incentive Tax Credit and Coalfield Employment Enhancement Tax Credit after tax year 2020 and prohibits the allocation of such credits on and after January 1, 2021. The bill provides that if credits were earned prior to January 1, 2021, the credit holder may claim the credits in subsequent tax years pursuant to the applicable carryover requirements of current law; however, such credit holders would be limited to claiming $1 million in carryover credits per taxable year. Read the Bill »


01/23/2021: Awaiting a Vote in the Finance Committee


01/08/2021Prefiled and ordered printed; offered 01/13/21 21101568D
01/08/2021Referred to Committee on Finance
01/16/2021Assigned Finance sub: Subcommittee #3
01/16/2021Impact statement from TAX (HB1899)
01/23/2021Assigned Finance sub: Subcommittee #2

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