VA HB1370 | 2013 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on December 9 2012 - 25% progression, died in committee
Action: 2013-02-05 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Small business job creation tax credit. Creates an individual and corporate income tax credit beginning January 1, 2013, for small businesses creating new full-time jobs in the Commonwealth. The credit would equal $1,000 for each new job created. A small business would be allowed the credit for an aggregate of 50 jobs. Any unused tax credit would be allowed to be carried forward for five taxable years. The credit would sunset on January 1, 2016.

Tracking Information

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Title

Small business; creates an individual and corporate tax credit for those creating new jobs.

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
2012-12-09HouseReferred to Committee on Finance
2012-12-09HousePrefiled and ordered printed; offered 01/09/13 13101272D

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
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
581439.12:11(n/a)See Bill Text

Virginia State Sources


Bill Comments

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