Language Page 564, after line 21, insert;" §3-5.24 FOOD CROP DONATION TAX CREDITNotwithstanding any other provision of law or regulation, the tax credit authorized in § 58.1-439.12:12 of the Code of Virginia pursuant to a credit for food crop donations shall remain in effect through the tax year beginning on January 1, 2022."
Page 564, after line 21, insert;
" §3-5.24 FOOD CROP DONATION TAX CREDIT
Notwithstanding any other provision of law or regulation, the tax credit authorized in § 58.1-439.12:12 of the Code of Virginia pursuant to a credit for food crop donations shall remain in effect through the tax year beginning on January 1, 2022."
Explanation
(This amendment extends the Food Crop Donation Tax Credit to apply to the 2022 tax year. The Code section sunsets after the 2021 tax year. The extension has no revenue impact as the official revenue forecast assumes the continuation of the tax credit.)