2010 Regular Session

HOUSE BILL 1266

File Code: Taxes - Income
Sponsored By:
Delegates Barkley, Bronrott, Gilchrist, Love, Reznik, Rice, and Simmons
Entitled:
Income Tax - Homebuyer Tax Credit

Synopsis:

Allowing first-time homebuyers and other specified homebuyers specified credits against the State income tax for 1% of the purchase price of specified homes, not exceeding $5,000; providing that a married couple filing a joint return may not claim the credits under specified circumstances; applying the Act to taxable years beginning after December 31, 2009; 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
2/18
First Reading Ways and Means
Hearing 3/25 at 1:00 p.m.
Senate Action
No Action

Sponsored by:

Delegate Charles Barkley, District 39
Delegate William A. Bronrott, District 16
Delegate Jim Gilchrist, District 17
Delegate Mary Ann E. Love, District 32
Delegate Kirill Reznik, District 39
Delegate Craig L. Rice, District 15
Delegate Luiz R. S. Simmons, District 17

Bill indexed under the following Subjects:

Income Tax
Real Property
Tax Credits -see also- Circuit Breaker

Bill affects the following Statute:

Tax - General
( 10-728 )

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