HB 442 Virginia House of Delegates · 2022 Regular Session

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

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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