Legislation

Title: Income Tax - Local Advertisement Tax Credit
Sponsored by: Delegates Vogel, Foley, Fair, Grossman, D. Jones, Lehman, and Wells
Status: In the House - Hearing 2/16 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Allowing small and medium-sized businesses with fewer than 50 employees to claim a credit against the State income tax for certain costs incurred during the taxable year for advertising through a news media entity based within the State, subject to certain limitations.

Committees

Original:: Ways and Means Click to view Recorded Media

Committee Testimony

Witness List

Details

Bill File Type: Regular

Effective Date(s): July 1, 2023

History

Legislation History
Chamber House Calendar Date 2/01/2023 Legislative Date 2/01/2023 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 2/01/2023 Legislative Date 2/01/2023 Action Hearing 2/16 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Local Advertisement Tax Credit Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	2/01/2023	2/01/2023	First Reading Ways and Means
House	2/01/2023	2/01/2023	Hearing 2/16 at 1:00 p.m.
			Text - First - Income Tax - Local Advertisement Tax Credit

File Code

Subjects

Statutes