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2008 SESSION

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HB 1155 Income tax, corporate; Habitat for Humanity tax credit.

Introduced by: Clarence E. Phillips | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Income tax; Habitat for Humanity tax credit.  Allows an income tax credit to business firms that make contributions to Habitat for Humanity of Virginia in the form of financial assistance, labor, materials, or technical advice. The credit amount is equal to 50 percent of the value of the contribution but no more than $5,000 annually for taxable years beginning on and after January 1, 2008.

FULL TEXT

• 01/09/08  House: Prefiled and ordered printed; offered 01/09/08 080595680  pdf | impact statement

HISTORY

• 01/09/08  House: Prefiled and ordered printed; offered 01/09/08 080595680
• 01/09/08  House: Referred to Committee on Finance
• 01/15/08  House: Assigned Finance sub: 3
• 02/12/08  House: Left in Finance