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2009 SESSION

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SB 1098 Income tax, state; tax credit to employers for employees who enter into flextime agreements.

Introduced by: Mark R. Herring | R. Creigh Deeds | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Flextime income tax credit.  Provides a tax credit to employers for employees who enter into flextime agreements. An employer would be eligible for a one-time $500 credit for each employee who enters into a scheduling agreement that allows the employee to begin work anytime between 6 a.m. and 9 a.m. or allows the employee to work four 10-hour days per week. No employer would be eligible to receive more than $25,000 in credits under this section, and the aggregate amount of the credit available annually is capped at $1 million.


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