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.
2012 SESSION
HB 191 Small businesses; tax credit for those hiring graduates of Virginia's colleges.
Introduced by: Charniele L. Herring | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Tax credit for small businesses hiring graduates of Virginia's colleges. Creates, beginning January 1, 2012, an individual and corporate income tax credit for certain small businesses creating new full-time jobs that are filled by persons holding associate's or bachelor's degrees from in-state institutions of higher education. The credit would equal $2,500 for each such new full-time job. The credit would be claimed for the taxable year at which time the new full-time job was continuously filled for at least 12 months. Any unused credit would be allowed to be carried over for five taxable years. The tax credit would sunset in 2014.
FULL TEXT
HISTORY
- 01/09/12 House: Prefiled and ordered printed; offered 01/11/12 12102260D
- 01/09/12 House: Referred to Committee on Finance
- 01/12/12 House: Assigned Finance sub: Subcommittee #3
- 02/06/12 House: Continued to 2013 in Finance by voice vote