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2006 SPECIAL SESSION I
SB 5024 Income tax, state; provides a tax credit for taxpayers making electronic toll collection payments.
Introduced by: Mark R. Herring | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Income tax; toll payment tax credit. Provides a tax credit against income tax for taxpayers making electronic toll collection payments, such as Smart Tag, in an amount equal to 10% of the total amount paid annually for tolls on Virginia highways, for taxable years beginning on and after January 1, 2007.
FULL TEXT
HISTORY
- 09/15/06 Senate: Presented and ordered printed 062115466
- 09/15/06 Senate: Referred to Committee on Finance
- 09/28/06 Senate: Passed by indefinitely in Finance (12-Y 3-N)