Major Business Facility Job Tax Credit (Virginia)

From Open Energy Information

Last modified on February 12, 2015.

EZFeed Policy

Place Virginia

Applies to States or Provinces Virginia
Name Major Business Facility Job Tax Credit (Virginia)
Policy Category Financial Incentive
Policy Type Corporate Tax Incentive
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy
Active Policy Yes
Implementing Sector State/Province

Program Administrator Virginia Department of Taxation
Primary Website

Last Review 2014-05-13
Last Substantive Modification
to Summary
Information Source


The Major Business Facility Job Tax Credit is a program administered by the Virginia Department of Taxation. The credit provides $1,000 per job over a 25 or 50-job threshold, which varies by locality. The job threshold must be met within a 12 month period and is taken in equal installments over a two year period.

Policy Contact

Department Virginia Department of Taxation
Division Tax Credit Assistance
Address 1957 Westmoreland Street
Place Richmond, Virginia
Zip/Postal Code 23230
Phone (804) 786-2992