Bills that would give tax credits to owners of wine vineyards, and to companies that do research-and-development work in Virginia, both were approved in a House of Delegates subcommittee Friday morning.
The tax credit for wineries was sponsored by Del. Scott Garrett, R-Lynchburg. Garrett said Lynchburg hotels and restaurants benefit when tourists visit wineries in Central Virginia.
The tax credit for business R&D was sponsored by Del. Ben Cline, who said it would create jobs and generate revenue for the state.
Gov. Bob McDonnell supports both bills.
Email
Facebook
Google
Twitter
Favorites
More
Advertisement