Income tax, state and corporate; credit for employers of G3 Program or cybersecurity graduates.
Summary
Income tax credit; employers of G3 Program orcybersecurity graduates. Creates a nonrefundable individual andcorporate income tax credit for employers that hire eligible employeeswho are (i) graduates of the Get Skilled, Get a Job, Give Back Program(G3 Program) or (ii) graduates with a degree in cybersecurity froma Virginia four-year institution of higher education. The creditis available for taxable years 2022 through 2026, is equal to $1,000per eligible employee hired during the taxable year who works ina full-time position, and includes an aggregate annual cap of $5million.
Bill status
failed
1 of 4 stages cleared
Introduction
Jan 2022
Committee Review
Floor Vote
Governor
Introduced Jan 11, 2022
Last action Feb 15, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
7
Key actions
1
Committee
3
Jan 24, 2022
Lower · Passed
House subcommittee amendments and substitutes offered
lower
Jan 20, 2022
Committee
Assigned Finance sub: Subcommittee #1
lower
Jan 11, 2022
Committee
Referred to Committee on Finance
lower
Jan 11, 2022
Introduced
Prefiled and ordered printed; offered 01/12/22 22101230D
lower
1 primary · 9 co-sponsors
Sponsors
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