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2007 SESSION
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.
FULL TEXT
HISTORY
- 01/10/07 Senate: Prefiled and ordered printed; offered 01/10/07 078049738
- 01/10/07 Senate: Referred to Committee on Finance
- 02/07/07 Senate: Left in Finance