VA HB59 | 2008 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on December 5 2007 - 25% progression, died in chamber
Action: 2008-01-28 - House: Continued to 2009 in Finance by voice vote
Status: Introduced on December 5 2007 - 25% progression, died in chamber
Action: 2008-01-28 - House: Continued to 2009 in Finance by voice vote
Summary
Income tax; tax credit for health insurance premiums paid by small business employers. Provides a tax credit for taxable years beginning on or after January 1, 2009, to employers who pay at least one-half of the annual health insurance premium per employee. The amount of the credit is the lesser of $500 or the amount paid per employee. The total amount of credits available to each employer annually is limited to $25,000. The credits are available to employers with 50 or fewer full-time employees.
Title
Income tax, state; tax credit for health insurance premiums paid by small business employers.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2008-01-28 | House: Continued to 2009 in Finance by voice vote | |
| 2008-01-15 | House: Assigned Finance sub: 3 | |
| 2007-12-05 | House: Referred to Committee on Finance | |
| 2007-12-05 | House: Prefiled and ordered printed; offered 01/09/08 089801508 |
Subjects
Virginia State Sources
| Type | Source |
|---|---|
| Summary | https://lis.virginia.gov/cgi-bin/legp604.exe?081+sum+HB59 |
