VA HB784 | 2022 | Regular Session
Status
Spectrum: Partisan Bill (Republican 9-0)
Status: Introduced on January 11 2022 - 25% progression, died in committee
Action: 2022-02-15 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Prefiled) [HTML]
Status: Introduced on January 11 2022 - 25% progression, died in committee
Action: 2022-02-15 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Prefiled) [HTML]
Summary
Home instruction and private school tax credit. Creates an individual, nonrefundable income tax credit for taxable years 2022 through 2026, for amounts paid by the parent or legal guardian of a child for the child's home instruction expenses or tuition for attending an accredited private school in Virginia. The credit shall equal the lesser of the amount actually paid in the taxable year for such costs or half of the average state standards of quality funding per student per year. The credit may be taken for instruction-related materials, courses, or programs used in home instruction or for private school tuition. The credit is available for two years per child and can be carried forward for five taxable years.
Title
Income tax, state; home instruction and private school tax credit.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2022-02-15 | House | Left in Finance |
2022-01-20 | House | Assigned Finance sub: Subcommittee #1 |
2022-01-11 | House | Referred to Committee on Finance |
2022-01-11 | House | Prefiled and ordered printed; offered 01/12/22 22100728D |