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2001 SESSION
SB 1261 Technology Internship Program tax credits.
Introduced by: Frederick M. Quayle | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Virginia Technology Internship Program tax credits. Grants a tax credit to employers in an amount equal to up to 50 percent of all wages paid to an eligible student intern for services performed in conjunction with an eligible information technology internship. The amount of the credit per eligible student intern shall not exceed $2,000. The total amount of such tax credits shall not exceed $2,000,000. In addition, an employer is allowed a credit of $1,000 per teacher or guidance counselor to whom the employer provides an eligible information technology training course. The total amount of such tax credits shall not exceed $500,000. Both credits are available for taxable year 2002.
FULL TEXT
HISTORY
- 01/10/01 Senate: Presented & ordered printed, prefiled 01/10/01 014680252
- 01/10/01 Senate: Referred to Committee on Finance
- 02/01/01 Senate: Left in Finance