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2021 Session

Budget Amendments - SB1100 (Member Request)

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Chief Patron: Kiggans
SB 1166: Nurse Professional Tax Credit (language only)

Item 0 #3s

Item 0 #3s

Revenues
Revenues

Language

Page 1, line 38, strike "$22,729,384,514" and insert "$22,728,384,514".

Page 1, line 38, strike "$44,738,017,023" and insert "$44,737,017,023".

Page 1, line 44, strike "$23,400,751,863" and insert "$23,399,751,863".

Page 1, line 44, strike "$47,638,228,698" and insert "$47,637,228,698".

Page 2, line 15, strike "$66,235,720,871" and insert "$66,234,720,871".

Page 2, line 15, strike "$141,370,892,856" and insert "$141,369,892,856".



Explanation

(This amendment would provide the necessary general fund revenue adjustment associated with SB 1166. The bill would create a nonrefundable individual income tax credit of $500 for certified nurse aides, licensed practical nurses, and registered nurses who work for at least 42 weeks during a taxable year in a licensed nursing home or certified nursing facility in the Commonwealth. As a placeholder, the general fund reduction is estimated at $1,000,000 in FY 2022. The actual revenue impact has not yet been determined.)