SEARCH SITE
VIRGINIA LAW PORTAL
- Code of Virginia
- Virginia Administrative Code
- Constitution of Virginia
- Charters
- Authorities
- Compacts
- Uncodified Acts
- RIS Users (account required)
SEARCHABLE DATABASES
- Bills & Resolutions
session legislation - Bill Summaries
session summaries - Reports to the General Assembly
House and Senate documents - Legislative Liaisons
State agency contacts
ACROSS SESSIONS
- Subject Index: Since 1995
- Bills & Resolutions: Since 1994
- Summaries: Since 1994
Developed and maintained by the Division of Legislative Automated Systems.
2006 SESSION
HB 358 Neighborhood Assistance Act; changes eligibility requirements for individuals to claim tax credits.
Introduced by: Phillip A. Hamilton | all patrons ... notes | add to my profiles | history
SUMMARY AS PASSED HOUSE:
Neighborhood Assistance Act; tax credits. Changes the eligibility requirements for individuals to claim neighborhood assistance tax credits to align them with eligibility requirements for businesses. Individuals will be eligible for the credit for donations of real property and stock as well as monetary donations, and they may still claim the deduction on their federal tax returns for taxable years beginning on or after January 1, 2006.
SUMMARY AS INTRODUCED:
Neighborhood Assistance Act; tax credits. Changes the eligibility requirements for individuals to claim neighborhood assistance tax credits to align them with eligibility requirements for businesses. Individuals will be eligible for the credit for donations of real property and stock as well as monetary donations, and they may still claim the deduction on their federal tax returns.