Virginia House Bill 110 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on December 15 2015 - 25% progression, died in committee
Action: 2016-02-17 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Prefiled) [HTML]

Income tax; deductions for H-1B visa employees. Requires that corporations and individuals add back to income subject to tax any deduction or subtraction claimed for the taxable year by the corporation or individual for wages, salaries, and other benefits paid or incurred on behalf of employees employed pursuant to an H-1B visa granted by U.S. Citizenship and Immigration Services. In addition, in the case of a pass-through entity owned by an individual or corporation, there will also be added to income an amount that is (i) equal to a proportional amount of such wages, salaries, and other benefits paid or incurred by the pass-through entity based on the individual's or corporation's ownership share or interest in the pass-through entity or (ii) in accordance with a written agreement of the owners of the pass-through entity, provided that the aggregate amount of such wages, salaries, and other benefits deducted or subtracted for the taxable year by the pass-through entity is added back to income for Virginia income tax purposes.

Income tax, state; deductions for H-1B visa employees.

Del. Mark Cole [R]

Date	Chamber	Action
2016-02-17	House	Left in Finance
2016-01-27	House	Subcommittee recommends laying on the table by voice vote
2016-01-26	House	Assigned Finance sub: Subcommittee #1
2015-12-15	House	Referred to Committee on Finance
2015-12-15	House	Prefiled and ordered printed; offered 01/13/16 16100821D

Chapter	Article	Section	Citation Type	Statute Text
58	1	322	(n/a)	See Bill Text
58	1	402	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?161+sum+HB110
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+HB110+hil