SB 1137

  • Virginia Senate Bill
  • 2017 Regular Session
  • Introduced in Senate Jan 09, 2017
  • Senate
  • House
  • Governor

Neighborhood assistance tax credits; reduces amount of credit of value for certain donations.

Abstract

Reduces the amount of the tax credit from 65 percent of the value of donations to neighborhood organizations for taxable years 2012 through 2017 to (i) 60 percent of such donations for taxable year 2018, (ii) 55 percent of such donations for taxable year 2019, and (iii) 50 percent of such donations for taxable years 2020 and thereafter.

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Jan 09, 2017

Virginia General Assembly

Prefiled and ordered printed; offered 01/11/17 17102283D

Virginia General Assembly

Referred to Committee on Finance

Bill Text

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Senate: Prefiled and ordered printed; offered 01/11/17 17102283D HTML

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