Green Job Creation Tax Credit Extension (HB 408) Passes House of Delegates

FOR IMMEDIATE RELEASE: 1/22/2020

CONTACT: Denver Supinger, 703-996-9415
 

Green Job Creation Tax Credit Extension (HB 408) Passes House of Delegates
 

(RICHMOND, VA) - HB 408, which is championed by Delegate Karrie Delaney (D-Chantilly) has passed out of the House of Delegates and is heading to the Senate. and would extend the sunset date for the Green Job Creation Tax Credit, The legislation extends the Green Job Creation Tax Credit to 2026. This provision provides a  business that creates a green job with a $500 tax credit for each new job created. This tax credit further incentivizes Virginia’s transition to a greener economy.
 

“I am thankful to the House of Delegates for recognizing the need to incentivize green job creation across the Commonwealth,” said Delegate Delaney. “I look forward to seeing the same success in the Senate and working with my colleagues across the aisle to help build Virginia’s green energy future.”

Del. Delaney has introduced legislation related to environmental policy, protections for survivors of sexual assault and human trafficking, traffic congestion, workers’ rights, and education this legislative session. This is the first of her twenty-four filed pieces of legislation to pass the House floor.

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