Legislation

Title: Income Tax - Credit for Cybersecurity Measures Undertaken by Small Businesses
Sponsored by: Delegates Rose, Arentz, Bouchat, Buckel, Chisholm, Fair, Griffith, Hartman, Hornberger, Kipke, McComas, Miller, T. Morgan, Otto, Qi, Rogers, and Tomlinson
Status: In the House - Hearing 2/29 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Authorizing a credit against the State income tax for a certain small business that employs 50 or fewer employees for costs incurred by the small business during the taxable year for certain cybersecurity measures undertaken by the small business; making the credit refundable; and applying the Act to all taxable years beginning after December 31, 2023.

Committees

Original:: Ways and Means Click to view Recorded Media

Committee Testimony

Witness List

Details

Introduced in a prior session as: HB0936 Session: 2023 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2024

History

Legislation History
Chamber House Calendar Date 2/08/2024 Legislative Date 2/08/2024 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 2/08/2024 Legislative Date 2/08/2024 Action Hearing 2/29 at 1:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Credit for Cybersecurity Measures Undertaken by Small Businesses Proceedings

Chamber	Calendar Date	Legislative Date	Action
House	2/08/2024	2/08/2024	First Reading Ways and Means
House	2/08/2024	2/08/2024	Hearing 2/29 at 1:00 p.m.
			Text - First - Income Tax - Credit for Cybersecurity Measures Undertaken by Small Businesses

File Code

Subjects

Statutes