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2007 SESSION

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SB 1261 Income tax, state; 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 individual 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 or after January 1, 2007.


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