HOUSE BILL 812

File Code: Income

Sponsored By:

Delegates Barve, Barkley, Hurson, Franchot, Baldwin, Pendergrass, Shriver, and Bronrott

Entitled:

Information Technology Workforce Training - Income Tax Credit for Individuals and Employers

Synopsis:

Allowing an individual a State income tax credit not exceeding $2,500 for 50% of amounts paid for specified information technology training; allowing an employer a State income tax credit not exceeding $2,500 for each employee for 50% of amounts paid for specified information technology training for the employer's employees in the State; requiring the Department of Business and Economic Development to adopt specified regulations; etc.

History by Legislative Date

House Action

2/12

First Reading Ways and Means

2/24

Hearing 3/12 at 1:00 p.m.

3/29

Unfavorable Report by Ways and Means

Senate Action

No Action

Sponsored by:

Delegate Kumar P. Barve, District 17

Delegate Robert C. Baldwin, District 33

Delegate Charles Barkley, District 39

Delegate William A. Bronrott, District 16

Delegate Peter Franchot, District 20

Delegate John Adams Hurson, District 18

Delegate Shane E. Pendergrass, District 13A

Delegate Mark K. Shriver, District 15

Bill indexed under the following Subjects:

BUSINESS AND ECONOMIC DEVELOPMENT, DEPARTMENT OF

COMPUTERS

EDUCATION -see also- PUBLIC SCHOOLS; SPECIAL ED.; HIGHER ED.

INCOME TAX

RULES AND REGULATIONS

TAX CREDITS -see also- CIRCUIT BREAKER

WORK, LABOR AND EMPLOYMENT -see also- LEAVE; O.T.; SALARIES.

Bill affects the following Statute:

Tax - General

( 10-712 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered