SB1117
Income tax, corporate and state; tax credit for braille labeling program.
Summary
As Introduced. Income tax credit; braille labeling program.
Creates a nonrefundable individual and corporate income tax credit, as applicable, for up to $50,000 of expenditures incurred in the development and implementation of a braille labeling program on products, items, or packages sold in or shipped to the Commonwealth in taxable years 2025 through 2029. The aggregate amount of ... (More) credits allowed for all taxpayers in a taxable year is $1,000,000. (Less)-
Bill History
- 01/07/2025 - Senate: Prefiled and ordered printed; Offered 01-08-2025 25102409D
- 01/07/2025 - Senate: Referred to Committee on Finance and Appropriations
- 01/16/2025 - Senate: Impact statement from TAX (SB1117)
- 02/05/2025 - Senate: Left in Finance and Appropriations
