HB 442

  • Virginia House Bill
  • 2022 Regular Session
  • Introduced in House Jan 11, 2022
  • House
  • Senate
  • Governor

Income tax, state and corporate; credit for employers of G3 Program or cybersecurity graduates.

Abstract

Income tax credit; employers of G3 Program orcybersecurity graduates. Creates a nonrefundable individual andcorporate income tax credit for employers that hire eligible employeeswho are (i) graduates of the Get Skilled, Get a Job, Give Back Program(G3 Program) or (ii) graduates with a degree in cybersecurity froma Virginia four-year institution of higher education. The creditis available for taxable years 2022 through 2026, is equal to $1,000per eligible employee hired during the taxable year who works ina full-time position, and includes an aggregate annual cap of $5million.

Bill Sponsors (11)

Votes


Actions


Feb 15, 2022

House

Left in Finance

Jan 24, 2022

House

House subcommittee amendments and substitutes offered

House

House subcommittee amendments and substitutes offered

House

Subcommittee failed to recommend reporting (3-Y 5-N)

Jan 23, 2022

House

Impact statement from TAX (HB442)

Jan 20, 2022

House

Assigned Finance sub: Subcommittee #1

Jan 11, 2022

House

Prefiled and ordered printed; offered 01/12/22 22101230D

House

Referred to Committee on Finance

Bill Text

Bill Text Versions Format
Prefiled and ordered printed; offered 01/12/22 22101230D PDF HTML

Related Documents

Document Format
Fiscal Impact Statement: HB442F161.PDF PDF

Sources

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