Virginia House Bill 783 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 11 2012 - 25% progression, died in chamber
Action: 2012-02-06 - House: Stricken from docket by Finance by voice vote
Text: Latest bill text (Prefiled) [HTML]

Microenterprise investment tax credits. Creates a tax credit for individuals who make a qualified investment in a microenterprise in tax years beginning on or after January 1, 2012, but before January 1, 2017. The amount of the credit shall be 25 percent of an investment in a green business microenterprise or a microenterprise located in a Historically Underutilized Business Zone, or 20 percent of an investment in any other microenterprise. An individual may receive a credit up to $12,500, and the total aggregate amount of credits available in a calendar year is capped at $2.5 million.

Microenterprise investment tax credits; created for individuals who make qualified investment.

Del. Alfonso Lopez [D]

Date	Chamber	Action
2012-02-06		House: Stricken from docket by Finance by voice vote
2012-02-03		House: Subcommittee recommends striking from docket by voice vote
2012-02-02		House: Assigned Finance sub: #3
2012-01-11		House: Referred to Committee on Finance
2012-01-11		House: Prefiled and ordered printed; offered 01/11/12 12101806D

Chapter	Article	Section	Citation Type	Statute Text
58	1	339.13	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?121+sum+HB783
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?121+ful+HB783+hil