Virginia Senate Bill 193 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 7 2008 - 25% progression, died in chamber
Action: 2008-02-13 - Senate: Left in Finance

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. 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 2009 and 2010. This bill is supported by the joint subcommittee studying telework opportunities in the Commonwealth (House Joint Resolution 144, 2006).

Income tax, corporate; telework expenses tax credit.

Sen. Mark Herring [D]

Date	Chamber	Action
2008-02-13		Senate: Left in Finance
2008-01-07		Senate: Referred to Committee on Finance
2008-01-07		Senate: Prefiled and ordered printed; offered 01/09/08 088210240

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?081+sum+SB193