Virginia House Bill 508 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 8 2016 - 25% progression, died in committee
Action: 2016-02-17 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Prefiled) [HTML]

Worker retraining and career pathway tax credit. Modifies the worker retraining tax credit by allowing credit to manufacturers conducting a manufacturing orientation, instruction, and training program to students in grades six through 12. The credit will equal 35 percent of the manufacturer's direct costs in providing the program, not to exceed $2,000 for any year. In order for credit to be allowed, the program must (i) provide manufacturing orientation, instruction, and training solely to students in grades six through 12, (ii) be coordinated with the local school division and determined to qualify for tax credit by the Department of Small Business and Supplier Diversity, and (iii) be conducted during school hours at a plant or facility used by the manufacturer.

Worker retraining and career pathway tax credit; modification of credit.

Del. David Yancey [R]

Date	Chamber	Action
2016-02-17	House	Left in Finance
2016-02-05	House	Subcommittee recommends laying on the table by voice vote
2016-02-04	House	Assigned Finance sub: Subcommittee #3
2016-01-08	House	Referred to Committee on Finance
2016-01-08	House	Prefiled and ordered printed; offered 01/13/16 16101759D

Chapter	Article	Section	Citation Type	Statute Text
58	1	439.6	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?161+sum+HB508
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+HB508+hil