2022 Commonwealth of Virginia Tax Legislation
Taxes Imposed by Virginia Corporate Income Tax Business Interest Deduction. House Bill 1006 (Chapter 648) amends §§ 58.1-322.03 and 58.1-402 to increase the Virginia individual and corporate income tax deduction for business interest to 30 percent of the business interest disallowed as a deduction under the business interest limitation. Under current law, such deduction is […]
PRESS RELEASE: Governor Glenn Youngkin Holds Ceremonial Signing of HB 884 / SB 195 During the 2022 Virginia Health Care Conference
RICHMOND, VIRGINIA – Moments ago at the 2022 Virginia Health Care Conference hosted by the Virginia Chamber of Commerce, Governor Glenn Youngkin held a ceremonial signing for legislation that will expand access and lower the cost of health coverage for small businesses in Virginia, which accounts for over 90% of employers in the state. Following the bill […]
Employer Spotlight: Carter Machinery
Carter Machinery Co Inc., headquartered in Salem, Virginia, has been working in the construction, heavy equipment and power generation industries for over 90 years as the authorized Caterpillar dealer. The Mid-Atlantic based company employs over 2,200 people in 30 plus locations around Virginia, West Virginia, Maryland, Delaware, & Washington D.C. with a focus on supporting […]
Press Release: Virginia Chamber Announces the Recipients of Legislators of the Year and Free Enterprise Awards for Pro-Business Support During 2022 Legislative Session
PRESS RELEASE: VIRGINIA CHAMBER ANNOUNCES THE RECIPIENTS OF LEGISLATORS OF THE YEAR AND FREE ENTERPRISE AWARDS FOR PRO-BUSINESS SUPPORT DURING 2022 LEGISLATIVE SESSION Richmond, Virginia – Moments ago, the Virginia Chamber of Commerce announced the recipients of the 2022 Legislators of the Year, Freshman Legislator of the Year and Free Enterprise Award. Recipients were […]
Press Release: 2022 Virginia Forum on Corporate Sustainability, Energy, and the Environment Hosts a Discussion with Industry Leaders and Government Officials on How to Make Virginia the Top State for Sustainability and Reliable Energy
Press Release: 2022 Virginia Forum on Corporate Sustainability, Energy, and the Environment Hosts a Discussion with Industry Leaders and Government Officials on How to Make Virginia the Top State for Sustainability and Reliable Energy RICHMOND, VIRGINIA – Moments ago, the 2022 Virginia Forum on Corporate Sustainability, Energy, and the Environment concluded, with virtual participation of […]
Employer Spotlight: Altria
Altria’s work-based learning program provides college undergrads, typically rising seniors, internship opportunities in Sales, Manufacturing, Engineering, Brand Management, Finance, Procurement, Supply Chain, Consumer & Marketplace Insights and Advanced Analytics. Each internship is a paid, 10- to 12-week program. All interns receive a business project that is focused on a problem to solve within their department […]
PRESS RELEASE: Fred D. Thompson, Jr., of Thompson Hospitality, Elected Chairman of Virginia Chamber Board of Directors
RICHMOND, VA – Moments ago, the Virginia Chamber of Commerce (the Chamber) elected Fred D. Thompson, Jr. to serve as the 2022 Chair of the Board of Directors during the Chamber’s Annual Meeting held today, in Richmond, Virginia. Since joining the Chamber’s Board of Directors in 2015, Fred has served as a member of the Chamber’s […]
Opinion: Providing reliable child care options will serve Virginia’s future
Opinion: Providing reliable child care options will serve Virginia’s future By BARRY DUVAL and MIKE PETTERS We’re nearly two years into the COVID-19 pandemic and too many families across Virginia remain unable to find quality, affordable child care. While these challenges predate the pandemic, unprecedented staffing shortages, limited operating hours, fewer program slots, and costly public health regulations […]
PRESS RELEASE: More Than 400 Attendees Gather In-Person and Virtually for 2021 Virginia Education and Workforce Conference
PRESS RELEASE: More Than 400 Attendees Gather In-Person and Virtually for 2021 Virginia Education and Workforce Conference Business, Higher Education, and other Virginia Leaders from Across the Commonwealth Discuss Developing Affordable Pathways for Virginia’s Talent. RICHMOND, VIRGINIA – Moments ago, the 2021 Virginia Education and Workforce Conference, hosted by the Virginia Chamber Foundation, the Virginia […]
Hispanic Heritage Month: September 15 – October 15
Hispanic Heritage Month runs from September 15th through October 15th each year and celebrates the history and contributions of individuals who trace their roots to Spain, Mexico, Central America, South America, and the Spanish-speaking nations of the Caribbean. Hispanics/Latinos are the the fastest growing ethnic group in the U.S. and […]
