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.
2007 SESSION
SB 1266 Income tax, corporate; telework expenses tax credit.
Introduced by: Mark R. Herring | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Income tax; telework expenses tax credit. Provides a tax credit to employers for expenses incurred in allowing employees to telework pursuant to a signed telework agreement. An employer would be eligible for a credit of up to $1,200 per teleworking employee, depending on the number of days per month an employee will telework and whether the employer's primary place of business is located in a nonattainment area under the federal Clean Air Act. There is also a 100% tax credit for costs the employer incurs for conducting a telework assessment in the year prior to implementing a formal telework program. This assessment credit is capped at $20,000 per employer. The aggregate amount of tax credits that will be issued is capped at $2 million annually for taxable years 2008 and 2009.
FULL TEXT
- 01/10/07 Senate: Prefiled and ordered printed; offered 01/10/07 075823738 pdf | impact statement
- 01/18/07 Senate: Introduced bill reprinted 075823738 pdf | impact statement
HISTORY
- 01/10/07 Senate: Prefiled and ordered printed; offered 01/10/07 075823738
- 01/10/07 Senate: Referred to Committee on Finance
- 01/18/07 Senate: Introduced bill reprinted 075823738
- 02/07/07 Senate: Left in Finance