Virginia House Bill 1160 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on January 10 2024 - 25% progression
Action: 2024-02-13 - Left in Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Comm Sub) [HTML]

Portable benefit accounts; tax credit. Authorizes a Virginia resident who has worked as an independent contractor to establish a portable benefit account. Under the bill, a portable benefit account offered through and administered by a bank, credit union, or other depository institution and distributions from the account may be used for the payment of various health-related costs. The bill establishes a nonrefundable tax credit for taxable years 2024 through 2028 for individuals who contribute to a portable benefit account.

Independent contractors; establishes portable benefit accounts and nonrefundable tax credit.

Del. Phillip Scott [R]

Del. Ian Lovejoy [R]

Del. Eric Zehr [R]

2024-02-07 - House - House: Reported from Finance with substitute (19-Y 2-N) (Y: 19 N: 2 NV: 0 Abs: 1) [PASS]
2024-02-05 - House - House: Subcommittee recommends reporting with substitute (7-Y 1-N) (Y: 7 N: 1 NV: 0 Abs: 1) [PASS]

Date	Chamber	Action
2024-02-13	House	Left in Appropriations
2024-02-07	House	Referred to Committee on Appropriations
2024-02-07	House	Reported from Finance with substitute (19-Y 2-N)
2024-02-07	House	Committee substitute printed 24105266D-H1
2024-02-05	House	Subcommittee recommends referring to Committee on Appropriations
2024-02-05	House	Subcommittee recommends reporting with substitute (7-Y 1-N)
2024-02-02	House	Assigned Finance sub: Subcommittee #1
2024-01-10	House	Referred to Committee on Finance
2024-01-10	House	Prefiled and ordered printed; offered 01/10/24 24100554D

Chapter	Article	Section	Citation Type	Statute Text
40	1	28.13	(n/a)	See Bill Text
58	1	339.15	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+HB1160
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+HB1160+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+HB1160H1+hil
Amendment	https://committees.lis.virginia.gov/pdfs/drafts/24105266D.pdf
Supplement	https://lis.virginia.gov/cgi-bin/legp604.exe?241+oth+HB1160F161+PDF
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+H1001V0027+HB1160
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+H10V0036+HB1160