HOUSE BILL 741

Sponsored By:

Delegate Barve

Entitled:

Income Tax - Employer-Assisted Housing Credit

Synopsis:

Providing employers a credit against the State income tax for specified costs related to housing benefits provided to eligible employees; applying the Act to tax years after December 31, 2006; terminating the Act if a federal tax credit relating to employer- assisted housing benefits is adopted; etc.

History by Legislative and Calendar Date

House Action

2/8

First Reading Ways and Means

2/14

Hearing 3/15 at 1:00 p.m.

Senate Action

No Action

Bill indexed under the following Subjects:

Comptroller

Federal Government

Housing -see also- Apartments; Condominiums; Mobile Homes

Income Tax

Tax Credits -see also- Circuit Breaker

Work, Labor and Employment -see also- Col Barg; Holiday; etc

Bill affects the following Statute:

Tax - General

( 10-726 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments: None offered