Angelia Graves
- Democratic
- Senator
- District 21
Primary
First-time homebuyer tax credit. Createsa tax credit for taxable years 2024 through 2028 for individualsor married couples filing jointly who sell residential real propertythat is the taxpayer's primary residence and is located in the Commonwealthto a first-time homebuyer, as defined by the bill. Such credit willbe equal to two percent of the sales price of the property, not toexceed $5,000.
Passed by indefinitely in Finance and Appropriations with letter (15-Y 0-N)
Senate subcommittee amendments and substitutes offered
Impact statement from TAX (SB555)
Prefiled and ordered printed; offered 01/10/24 24101832D
Referred to Committee on Finance and Appropriations
| Bill Text Versions | Format |
|---|---|
| Prefiled and ordered printed; offered 01/10/24 24101832D | PDF HTML |
| Document | Format |
|---|---|
| Fiscal Impact Statement: SB555F161.PDF |
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