VA HB47 | 2011 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on December 21 2009 - 25% progression, died in committee
Action: 2010-12-03 - House: Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on December 21 2009 - 25% progression, died in committee
Action: 2010-12-03 - House: Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Income tax; telework expenses tax credit. Provides a tax credit to employers for expenses incurred in allowing employees to telework pursuant to a signed telework agreement for taxable years beginning on or after January 1, 2011, but before January 1, 2013. An employer would be eligible for a credit of up to $1,200 per teleworking employee, depending on the number of days per month an employee will telework and whether the employer's primary place of business is located in a nonattainment area under the federal Clean Air Act. There is also a 100 percent tax credit for costs the employer incurs for conducting a telework assessment in the year prior to implementing a formal telework program. This assessment credit is capped at $20,000 per employer. The aggregate amount of tax credits that will be issued is capped at $1 million annually for taxable years 2011 and 2012.
Title
Income tax, state; telework expenses tax credit.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2010-12-03 | House: Left in Finance | |
2010-02-10 | House: Continued to 2011 in Finance by voice vote | |
2010-02-09 | House: Subcommittee recommends continuing to 2011 by voice vote | |
2010-01-25 | House: Assigned Finance sub: #3 | |
2009-12-21 | House: Referred to Committee on Finance | |
2009-12-21 | House: Prefiled and ordered printed; offered 01/13/10 10100034D |
Subjects
Code Citations
Virginia State Sources
Type | Source |
---|---|
Summary | https://lis.virginia.gov/cgi-bin/legp604.exe?111+sum+HB47 |
Text | https://lis.virginia.gov/cgi-bin/legp604.exe?111+ful+HB47+hil |