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2024 SESSION

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(HB960)

AMENDMENT(S) PROPOSED BY THE HOUSE

APPROPRIATIONS

    1. Line 24, introduced, after year

      insert

        or may not be claimed in such taxable year pursuant to subdivision B 3

APPROPRIATIONS

    2. Line 25, introduced, after liability

      insert

        or may not be claimed pursuant to subdivision B 3,

APPROPRIATIONS

    3. After line 49, introduced

      insert

        3. Beginning July 1, 2024, the aggregate amount of credits that may be claimed by all taxpayers under this section shall not exceed $75 million per fiscal year. In the event that the amount of credits claimed exceeds $75 million, then the tax credits shall be allocated to taxpayers on a pro rata basis.