VA HB1771 | 2023 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 10 2023 - 25% progression, died in committee
Action: 2023-02-07 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Tax credit for participating landlords. Increases from $250,000 to $1 million the maximum amount of tax credits that may be issued to participating landlords, as defined in relevant law, each fiscal year beginning with fiscal year 2024 and provides that, in the event that the amount of the qualified requests for tax credits for such participating landlords in the fiscal year exceeds $1 million, the Department of Housing and Community Development will prorate the tax credits among the qualified applicants.

Tracking Information

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Title

Landlords, participating; increases tax credit that may be issued.

Sponsors


Roll Calls

2023-01-23 - House - House: Subcommittee failed to recommend reporting (3-Y 5-N) (Y: 3 N: 5 NV: 0 Abs: 0) [FAIL]

History

DateChamberAction
2023-02-07HouseLeft in Finance
2023-01-23HouseSubcommittee failed to recommend reporting (3-Y 5-N)
2023-01-19HouseAssigned Finance sub: Subcommittee #1
2023-01-10HouseReferred to Committee on Finance
2023-01-10HousePrefiled and ordered printed; offered 01/11/23 23103139D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
581439.12:04(n/a)See Bill Text

Virginia State Sources


Bill Comments

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