VA HB1303 | 2013 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on July 18 2012 - 25% progression, died in committee
Action: 2013-02-05 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Tax credit for small businesses hiring graduates of Virginia's public colleges. Establishes, beginning January 1, 2013, an individual and corporate income tax credit for certain small businesses creating new full-time jobs that are filled by persons holding associate's or bachelor's degrees from public institutions of higher education in the Commonwealth. The credit would equal $2,500 for each such new full-time job. The credit would be claimed for the taxable year at which time the new full-time job was continuously filled for at least 12 months. Any unused credit would be allowed to be carried over for five taxable years. The tax credit would sunset in 2015.

Tracking Information

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Title

Small businesses; tax credit for hiring graduates of Virginia's public colleges and universities.

Sponsors


Roll Calls

2013-01-25 - House - House: Subcommittee recommends laying on the table (5-Y 0-N) (Y: 5 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2013-02-05HouseLeft in Finance
2013-01-25HouseSubcommittee recommends laying on the table (5-Y 0-N)
2013-01-14HouseAssigned Finance sub: #3
2012-07-18HouseReferred to Committee on Finance
2012-07-18HousePrefiled and ordered printed; offered 01/09/13 13100114D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
581439.12:1(n/a)See Bill Text
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581439.12:1(n/a)See Bill Text
581439.12:1(n/a)See Bill Text
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581439.12:1(n/a)See Bill Text
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581439.12:1(n/a)See Bill Text
581439.12:1(n/a)See Bill Text
581439.12:1(n/a)See Bill Text
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581439.12:1(n/a)See Bill Text
581439.12:1(n/a)See Bill Text
581439.12:1(n/a)See Bill Text
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581439.12:1(n/a)See Bill Text
581439.12:1(n/a)See Bill Text
581439.12:1(n/a)See Bill Text
581439.12:1(n/a)See Bill Text
581439.12:1(n/a)See Bill Text
581439.12:1(n/a)See Bill Text
581439.12:1(n/a)See Bill Text
581439.12:1(n/a)See Bill Text
581439.12:1(n/a)See Bill Text
581439.12:1(n/a)See Bill Text
581439.12:1(n/a)See Bill Text
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581439.12:1(n/a)See Bill Text
581439.12:1(n/a)See Bill Text
581439.12:1(n/a)See Bill Text
581439.12:11(n/a)See Bill Text

Virginia State Sources


Bill Comments

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