VA HB237 | 2010 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 11 2010 - 25% progression, died in chamber
Action: 2010-02-10 - House: Stricken at request of Patron in Finance by voice vote
Text: Latest bill text (Prefiled) [HTML]

Summary

Income tax; job creation tax credit. Provides an income tax credit to sole proprietors, partners in a partnership and members of a limited liability company when they create and fill at least 10 new positions in the Commonwealth beginning on and after January 1, 2010. The amount of the credit is 10 percent of the Virginia gross income of the entity creating the jobs and may only be taken when the new jobs have been filled for at least 24 consecutive months.

Tracking Information

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Title

Income tax, state; job creation tax credit.

Sponsors


History

DateChamberAction
2010-02-10 House: Stricken at request of Patron in Finance by voice vote
2010-02-09 House: Subcommittee recommends striking from docket by voice vote
2010-01-25 House: Assigned Finance sub: #3
2010-01-11 House: Referred to Committee on Finance
2010-01-11 House: Prefiled and ordered printed; offered 01/13/10 10100568D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
581339.12(n/a)See Bill Text

Virginia State Sources


Bill Comments

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