2011 Regular Session

HOUSE BILL 769

File Code: Taxes - Income Prior Year Introduction As: HB 952/10 - W&M
Sponsored By:
Delegates Bates, Dwyer, Frank, George, Haddaway-Riccio, Kipke, Smigiel, and Stocksdale
Entitled:
Great Preschools Tax Credit Program

Synopsis:

Allowing an individual or a corporation a credit against the State income tax for contributions to specified scholarship-granting organizations; providing for the carryover of unused credits for 3 years; requiring scholarship-granting organizations to take specified actions to be eligible for donations for which a tax credit may be claimed; requiring the Comptroller to administer the Great Preschools Tax Credit Program; applying the Act to taxable years after 2010; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
House Action
2/10
First Reading Ways and Means
2/16
Hearing 3/9 at 1:00 p.m.
Senate Action
No Action

Sponsored by:

Delegate Gail H. Bates, District 9A
Delegate Don H. Dwyer, Jr., District 31
Delegate William J. Frank, District 42
Delegate Ron George, District 30
Delegate Jeannie Haddaway-Riccio, District 37B
Delegate Nicholaus R. Kipke, District 31
Delegate Michael D. Smigiel, Sr., District 36
Delegate Nancy R. Stocksdale, District 5A

Bill indexed under the following Subjects:

Child Care
Comptroller
Education -see also- Driver Ed; Higher Ed; Special Ed; etc
Gifts
Income Tax
Nonprofit Organizations
Private Schools
Reports
Rules and Regulations
Scholarships and Student Financial Aid
Tax Credits -see also- Circuit Breaker

Bill affects the following Statute:

Tax - General
( 10-729 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments: None offered