Virginia House Bill 734 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 12 2010 - 25% progression, died in committee
Action: 2010-12-03 - House: Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [HTML]

Income tax; public school renovation tax credit. Provides an income tax credit to taxpayers that undertake and complete a public school renovation, in accordance with the provisions of the Public-Private Education Facilities and Infrastructure Act, for taxable years beginning on and after January 1, 2010. The amount of the credit is 25 percent of the taxpayer's eligible renovation expenses but cannot exceed $1 million in any one taxable year. Also, there is a cap of $100 million on the total amount of credits that may be allowed for all taxpayers in a taxable year.

Income tax, state; public school renovation tax credit.

Del. David Albo [R]

2010-01-29 - House - House: Subcommittee recommends continuing to 2011 (4-Y 0-N) (Y: 4 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2010-12-03		House: Left in Finance
2010-02-01		House: Continued to 2011 in Finance by voice vote
2010-01-29		House: Subcommittee recommends continuing to 2011 (4-Y 0-N)
2010-01-25		House: Assigned Finance sub: #3
2010-01-12		House: Referred to Committee on Finance
2010-01-12		House: Prefiled and ordered printed; offered 01/13/10 10103349D

Chapter	Article	Section	Citation Type	Statute Text
58	1	439.12:0	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?111+sum+HB734
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?111+ful+HB734+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?111+vot+H1003C0005+HB0734