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.

2010 SESSION

• | print version

SB 623 Income tax, corporate and individual; green job tax credit.

Introduced by: Emmett W. Hanger, Jr. | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED SENATE:

Income tax; corporate and individual; green jobs tax credit.  Allows a $500 income tax credit for the creation of "green" jobs paying an annual salary in excess of $50,000 for taxable years beginning on and after January 1, 2010 but before January 1, 2015.  Each taxpayer is allowed a credit for up to 350 new green jobs.

SUMMARY AS INTRODUCED:

Income tax; corporate and individual; green jobs tax credit. Allows a $500 income tax credit for the creation of "green" jobs for taxable years beginning on and after January 1, 2010. Each taxpayer is allowed a credit for up to 350 new green jobs and may qualify for the Enterprise Zone Grant program if the job is located in an enterprise zone.