Work & Family Policy Database
Relating to Telework Expenses Tax Credit
Bill: H.B. 551/S. 238
Sponsor: Comstock (R)/Herring (D)
Introduced and referred to House and Senate Committees on Finance: 01/11/2012
Reported from Senate Committee on Finance with amendments: 02/01/12
Passed Senate: 02/28/12
Senate amendments adopted by House: 02/29/12
Passed House and Senate: 03/06/2012
Signed by Speaker of the House: 03/06/2012
Signed by President of the Senate: 03/08/2012
Approved by Governor: 03/22/2012
Summary: Expands the Telework Tax Incentive Act of 2011 (Va. Code Ann. Sec. 58.1-439.12:07) by extending the tax credit to January 2017 and clarifying that an employer who conducts a telework assessment is eligible for a tax credit of up to $50,000 per taxable year.
This database provides short summaries of bills and statutes. The summaries are not intended to constitute legal advice. To find out how laws relate to your particular situation, you must contact a lawyer who specializes in employees’ rights, the Labor Department’s Wage and Hour Division (1-866-4USWAGE), your state labor department and/or your union.