§ 30-19.1:11 Legislation that creates or renews tax credits
No bill proposing to add a new state tax credit or renew an existing state tax credit shall be reported from any committee of the General Assembly unless such bill contains an expiration date of not longer than five years from the effective date of the new or renewed state tax credit.
History
This law was first created in 2012. The record of its establishment is cataloged in chapter 265 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year.
2012, c. 265.