VA HB1160 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on January 10 2024 - 25% progression, died in committee
Action: 2024-02-13 - Left in Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Comm Sub) [HTML]
Status: Introduced on January 10 2024 - 25% progression, died in committee
Action: 2024-02-13 - Left in Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Comm Sub) [HTML]
Summary
Portable benefit accounts; tax credit. Authorizes a Virginia resident who has worked as an independent contractor to establish a portable benefit account. Under the bill, a portable benefit account offered through and administered by a bank, credit union, or other depository institution and distributions from the account may be used for the payment of various health-related costs. The bill establishes a nonrefundable tax credit for taxable years 2024 through 2028 for individuals who contribute to a portable benefit account.
Title
Independent contractors; establishes portable benefit accounts and nonrefundable tax credit.
Sponsors
| Del. Phillip Scott [R] | Del. Ian Lovejoy [R] | Del. Eric Zehr [R] |
Roll Calls
2024-02-07 - House - House: Reported from Finance with substitute (19-Y 2-N) (Y: 19 N: 2 NV: 0 Abs: 1) [PASS]
2024-02-05 - House - House: Subcommittee recommends reporting with substitute (7-Y 1-N) (Y: 7 N: 1 NV: 0 Abs: 1) [PASS]
2024-02-05 - House - House: Subcommittee recommends reporting with substitute (7-Y 1-N) (Y: 7 N: 1 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2024-02-13 | House | Left in Appropriations |
| 2024-02-07 | House | Referred to Committee on Appropriations |
| 2024-02-07 | House | Reported from Finance with substitute (19-Y 2-N) |
| 2024-02-07 | House | Committee substitute printed 24105266D-H1 |
| 2024-02-05 | House | Subcommittee recommends referring to Committee on Appropriations |
| 2024-02-05 | House | Subcommittee recommends reporting with substitute (7-Y 1-N) |
| 2024-02-02 | House | Assigned Finance sub: Subcommittee #1 |
| 2024-01-10 | House | Referred to Committee on Finance |
| 2024-01-10 | House | Prefiled and ordered printed; offered 01/10/24 24100554D |
Subjects
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 40 | 1 | 28.13 | (n/a) | See Bill Text |
| 58 | 1 | 339.15 | (n/a) | See Bill Text |
