HB 621

  • Virginia House Bill
  • 2024 Regular Session
  • Introduced in House Jan 09, 2024
  • House
  • Senate
  • Governor

Income tax, state; eligible low-income taxpayers to claim a refundable tax credit.

Abstract

Earned income tax credit. Allows eligiblelow-income taxpayers to claim a refundable income tax credit equalto 20 percent of the federal earned income tax credit claimed that year by the taxpayer for the same taxable year. The bill also statesthat individuals who would have been entitled to the federal equivalentof this credit but for the fact that the individual, the individual'sspouse, or one or more of the individual's children does not havea valid social security number are eligible to claim this credit.

Bill Sponsors (1)

Votes


Actions


Feb 07, 2024

House

Continued to 2025 with amendment(s) in Finance

Feb 05, 2024

House

House subcommittee amendments and substitutes offered

House

Subcommittee recommends continuing to 2025 with amendment(s) (7-Y 0-N)

Feb 02, 2024

House

Assigned Finance sub: Subcommittee #3

Jan 29, 2024

House

Impact statement from TAX (HB621)

Jan 09, 2024

House

Prefiled and ordered printed; offered 01/10/24 24100960D

House

Referred to Committee on Finance

Bill Text

Bill Text Versions Format
Prefiled and ordered printed; offered 01/10/24 24100960D PDF HTML

Related Documents

Document Format
Fiscal Impact Statement: HB621F161.PDF PDF

Sources

Data on Open States is updated periodically throughout the day from the official website of the Virginia General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.