2006 Regular Session

HOUSE BILL 1296

File Code: Taxes - Income Prior Year Introduction As: HB 1002/05 - W&M
Sponsored By:
Delegates Boteler, Cluster, Aumann, DeBoy, Donoghue, Frank, Glassman, Impallaria, Kach, Kohl, McComas, McDonough, Minnick, Parrott, and Weir
Entitled:
Income Tax - Credit for Educational Materials - Home Instruction Program

Synopsis:

Allowing the parent, guardian, or custodian of a child to claim a credit against the State income tax up to a specified amount for specified educational materials purchased for use in a home instruction program for that child; providing that the credit may not exceed the State income tax for that taxable year and that any unused credit for a taxable year may not be carried over to any other taxable year; defining specified terms; and applying the Act to tax years after 2005.

History by Legislative Date

House Action
2/10
First Reading Ways and Means
2/22
Hearing 3/3 at 1:30 p.m.
3/24
Unfavorable Report by Ways and Means
Senate Action
No Action

Sponsored by:

Delegate Joseph C. Boteler, III, District 8
Delegate Susan L. M. Aumann, District 42
Delegate John W. E. Cluster, Jr., District 8
Delegate Steven J. DeBoy, Sr., District 12A
Delegate John P. Donoghue, District 2C
Delegate William J. Frank, District 42
Delegate Barry Glassman, District 35A
Delegate Rick Impallaria, District 7
Delegate Wade Kach, District 5B
Delegate Sheryl Davis Kohl, District 34A
Delegate Susan K. McComas, District 35B
Delegate Pat McDonough, District 7
Delegate Joseph J. Minnick, District 6
Delegate Joanne S. Parrott, District 35A
Delegate Michael H. Weir, Jr., District 6

Bill indexed under the following Subjects:

EDUCATION -see also- DRIVER ED; HIGHER ED; SPECIAL ED; etc
EQUIPMENT -see also- MOTOR VEHICLE EQUIPMENT
INCOME TAX
STUDENTS
TAX CREDITS -see also- CIRCUIT BREAKER
TEXTBOOKS

Bill affects the following Statute:

Tax - General
( 10-726 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments: None offered