Green Jobs Tax Credit
Qualified employers are eligible for a $500 tax credit for each new green job created that offers a salary of at least $50,000, for up to 350 jobs per employer. The credit is allowed for the first five years that the job is continuously filled. For the purposes of this tax credit, a green job is defined as employment in industries relating to renewable or alternative energy, including hydrogen and fuel cell technology, landfill gas, and biofuels. For more information, see the Virginia Department of Taxation Environmental Credits website.
(Reference Virginia Code 58.1-439.12:05)
Type: State Incentives
Enacted: Apr 13, 2010
Amended: Mar 23, 2015
Technologies: Biodiesel, Ethanol, Hydrogen Fuel Cells, Natural Gas
See all Virginia Laws and Incentives.