Landlords, participation; tax credit. (HB402)

Introduced By

Del. Rodney Willett (D-Henrico)

Progress

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

Description

Tax credit for participating landlords. Increases the level of residents living below the poverty line from 10 percent to 40 percent in order to qualify as an eligible census tract for the credits on individual and corporate income tax for census tracts outside of the Richmond Metropolitan Statistical Area, the Washington-Arlington-Alexandria Metropolitan Statistical Area, or the Virginia Beach-Norfolk-Newport News Metropolitan Statistical Area. The bill retains the existing level of residents who must be living below the poverty line at 10 percent in order to qualify as an eligible census tract for the credits on individual and corporate income tax for the foregoing named census tracts. Read the Bill »

Status

01/11/2022: Awaiting a Vote in the Finance Committee

History

DateAction
01/11/2022Committee
01/11/2022Prefiled and ordered printed; offered 01/12/22 22102889D
01/11/2022Referred to Committee on Finance

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