VA HB442 | 2022 | Regular Session
Status
Spectrum: Strong Partisan Bill (Democrat 10-1)
Status: Introduced on January 11 2022 - 25% progression, died in committee
Action: 2022-02-15 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Prefiled) [HTML]
Status: Introduced on January 11 2022 - 25% progression, died in committee
Action: 2022-02-15 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Prefiled) [HTML]
Summary
Income tax credit; employers of G3 Program or cybersecurity graduates. Creates a nonrefundable individual and corporate income tax credit for employers that hire eligible employees who are (i) graduates of the Get Skilled, Get a Job, Give Back Program (G3 Program) or (ii) graduates with a degree in cybersecurity from a Virginia four-year institution of higher education. The credit is available for taxable years 2022 through 2026, is equal to $1,000 per eligible employee hired during the taxable year who works in a full-time position, and includes an aggregate annual cap of $5 million.
Title
Income tax, state and corporate; credit for employers of G3 Program or cybersecurity graduates.
Sponsors
Roll Calls
2022-01-24 - House - House: Subcommittee failed to recommend reporting (3-Y 5-N) (Y: 3 N: 5 NV: 0 Abs: 0) [FAIL]
History
| Date | Chamber | Action |
|---|---|---|
| 2022-02-15 | House | Left in Finance |
| 2022-01-24 | House | Subcommittee failed to recommend reporting (3-Y 5-N) |
| 2022-01-20 | House | Assigned Finance sub: Subcommittee #1 |
| 2022-01-11 | House | Referred to Committee on Finance |
| 2022-01-11 | House | Prefiled and ordered printed; offered 01/12/22 22101230D |
