SEARCH SITE

VIRGINIA LAW PORTAL

SEARCHABLE DATABASES

ACROSS SESSIONS

Developed and maintained by the Division of Legislative Automated Systems.

1999 SESSION

  • | print version

HB 2358 Income tax; accessibility features for the disabled tax credit.

Introduced by: James F. Almand | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Income tax; accessibility features for the disabled tax credit. Provides an income tax credit to individuals who add certain features to their homes so they are accessible to the disabled. The tax credit is available for taxable years beginning on and after January 1, 2000, provided none of the car tax triggers occurs prior to that date. If one or more of such triggers occurs, the bill is effective January 1 of the year following the year in which none of the triggers occurs. The amount of the credit is 25 percent of the amount spent on such features, not to exceed $500 or the individual’s tax liability in the taxable year the feature is completed. The taxpayer must apply for the credit to the Department of Taxation. Tax credits granted for such proposals shall not exceed $1 million in any taxable year.


FULL TEXT

AMENDMENTS

HISTORY