Virginia House Bill 1527

---

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 19 2024 - 25% progression
Action: 2024-02-13 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [HTML]

Electric vehicle charging equipment tax credit. Provides an income tax credit for the costs of installing electric vehicle charging equipment at a gas station. The credit shall extend for five years once claimed. For the first year of the credit, the amount of the credit shall be 100 percent of the allowable costs, defined in the bill, which are incurred in the taxable year or $5,000, whichever is less. For the subsequent four years of the credit, the amount of the credit shall be one percent of the allowable costs incurred by the taxpayer in the taxable year.

Income tax, state; electric vehicle charging equipment tax credit.

Del. AC Cordoza [R]

Date	Chamber	Action
2024-02-13	House	Left in Finance
2024-02-02	House	Assigned Finance sub: Subcommittee #1
2024-01-19	House	Referred to Committee on Finance
2024-01-19	House	Presented and ordered printed 24104254D

Chapter	Article	Section	Citation Type	Statute Text
58	1	339.15	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+HB1527
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+HB1527+hil
Supplement	https://lis.virginia.gov/cgi-bin/legp604.exe?241+oth+HB1527F161+PDF