Phil Scott
- Republican
- Delegate
- District 63
Portable benefit accounts; tax credit.Authorizes a Virginia resident who has worked as an independent contractorto establish a portable benefit account. Under the bill, a portable benefit account offered through and administered by a bank, creditunion, or other depository institution and distributions from theaccount may be used for the payment of various health-related costs.The bill establishes a nonrefundable tax credit for taxable years2024 through 2028 for individuals who contribute to a portable benefitaccount.
Left in Appropriations
Committee substitute printed 24105266D-H1
Referred to Committee on Appropriations
Reported from Finance with substitute (19-Y 2-N)
Subcommittee recommends reporting with substitute (7-Y 1-N)
House subcommittee amendments and substitutes offered
Subcommittee recommends referring to Committee on Appropriations
Impact statement from TAX (HB1160)
Assigned Finance sub: Subcommittee #1
Prefiled and ordered printed; offered 01/10/24 24100554D
Referred to Committee on Finance
Bill Text Versions | Format |
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Prefiled and ordered printed; offered 01/10/24 24100554D | PDF HTML |
Committee substitute printed 24105266D-H1 | PDF HTML |
Document | Format |
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Fiscal Impact Statement: HB1160F161.PDF |
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