Virginia House Bill 1959 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 10 2017 - 25% progression, died in committee
Action: 2017-02-07 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Prefiled) [HTML]

Worker retraining tax credit; student internships; College Savings Plan contributions. Provides a $1,000 tax credit to an employer for each intern hired as part of a qualified internship program. The bill defines "qualified internship program" as an internship in which the student works at least 20 hours per week for at least 10 weeks; the intern receives at least minimum wage; the intern receives training that enhances job-related skills; and such training is in the field of electrical work, engineering, manufacturing, or mechanical work. An employer would be required to obtain approval of its internship program from a school division or community college of the Commonwealth and the Department of Small Business and Supplier Diversity. The bill also provides a credit of 30 percent of the value of any matching contribution made by the employer, up to $1,000, for a student intern's contribution to his Virginia College Savings Plan.

Student internships; tax credit to an employer for each intern hired.

Del. David Yancey [R]

Date	Chamber	Action
2017-02-07	House	Left in Finance
2017-01-27	House	Subcommittee recommends laying on the table by voice vote
2017-01-19	House	Assigned Finance sub: Subcommittee #3
2017-01-10	House	Referred to Committee on Finance
2017-01-10	House	Prefiled and ordered printed; offered 01/11/17 17100494D

Chapter	Article	Section	Citation Type	Statute Text
58	1	439.6	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?171+sum+HB1959
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?171+ful+HB1959+hil