VA HB1161 | 2008 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 9 2008 - 25% progression, died in chamber
Action: 2008-02-12 - House: Left in Finance
Status: Introduced on January 9 2008 - 25% progression, died in chamber
Action: 2008-02-12 - House: Left in Finance
Summary
Income tax exemption; education outreach programs. Grants an income tax exemption for the amount of expenses incurred as part of an education outreach program in any elementary or secondary school in the Commonwealth. To qualify for the deduction the expenses shall be directly attributable to the development or operation of an education outreach program in a science-, math-, or technology-related field that involves a live presentation by the resident, or employee of the resident, claiming the deduction. The maximum amount of the collective deduction claimed by residents or business entities in the Commonwealth is $500,000.
Title
Income tax, state; exemption for education outreach programs.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2008-02-12 | House: Left in Finance | |
2008-01-15 | House: Assigned Finance sub: 2 | |
2008-01-09 | House: Referred to Committee on Finance | |
2008-01-09 | House: Prefiled and ordered printed; offered 01/09/08 085659472 |
Subjects
Virginia State Sources
Type | Source |
---|---|
Summary | https://lis.virginia.gov/cgi-bin/legp604.exe?081+sum+HB1161 |