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.
2015 SESSION
HB 2135 Income tax, state and corporate; credit for food crop donations to a food bank.
Introduced by: Benjamin L. Cline | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Income tax credit; food crop donations to a food bank. Establishes an individual and corporate income tax credit beginning in 2015 for food crops that are grown and donated by a person to a nonprofit food bank. The credit would equal 30 percent of the fair market value of the food crops donated by the person during the taxable year, not to exceed an aggregate of $5,000 for any taxable year. The bill defines food crops as grains, fruits, nuts, or vegetables. The bill provides for any unused credit to be carried forward for five years. The credit would sunset on January 1, 2020.
FULL TEXT
HISTORY
- 01/14/15 House: Prefiled and ordered printed; offered 01/14/15 15102675D
- 01/14/15 House: Referred to Committee on Finance
- 01/20/15 House: Assigned Finance sub: Subcommittee #3
- 01/23/15 House: Subcommittee recommends reporting (4-Y 1-N)
- 02/05/15 House: Tabled in Finance by voice vote