§ 58.1-439.22. Donations of professional services.
A. A sole proprietor, partnership or limited liability company engaged in thebusiness of providing professional services shall be eligible for a taxcredit under this article based on the time spent by the proprietor or apartner or member, respectively, who renders professional services to aprogram that has received an allocation of tax credits from theSuperintendent of Public Instruction or the Commissioner of the StateDepartment of Social Services. The value of the professional services, forpurposes of determining the amount of the tax credit allowable, rendered bythe proprietor or a partner or member to an approved program shall not exceedthe lesser of (i) the reasonable cost for similar services from otherproviders or (ii) $125 per hour.
B. A business firm shall be eligible for a tax credit under this article forthe time spent by a salaried employee who renders professional services to anapproved program. The value of the professional services, for purposes ofdetermining the amount of tax credit allowed to a business firm for timespent by its salaried employee in rendering professional services to anapproved project, shall be equal to the salary that such employee wasactually paid for the period of time that such employee rendered professionalservices to the approved program.
C. Notwithstanding any provision of this article limiting eligibility for taxcredits to business firms, physicians, chiropractors, dentists, nurses, nursepractitioners, physician assistants, optometrists, dental hygienists,professional counselors, clinical social workers, clinical psychologists,marriage and family therapists, physical therapists, and pharmacists licensedpursuant to Title 54.1 who provide health care services within the scope oftheir licensure, without charge, to patients of a clinic operated by anorganization that has received an allocation of tax credits from theCommissioner of the State Department of Social Services and such clinic isorganized in whole or in part for the delivery of health care serviceswithout charge, or to a clinic operated not for profit providing health careservices for charges not exceeding those set forth in a scale prescribed bythe State Board of Health pursuant to § 32.1-11 for charges to be paid bypersons based upon ability to pay, shall be eligible for a tax creditpursuant to § 58.1-439.21 based on the time spent in providing health careservices to patients of such clinic, regardless of where the services aredelivered. The value of such services, for purposes of determining the amountof the tax credit allowable, rendered by the physician, chiropractor,dentist, nurse, nurse practitioner, physician assistant, optometrist, dentalhygienist, professional counselor, clinical social worker, clinicalpsychologist, marriage and family therapist, physical therapist, orpharmacist, shall not exceed the lesser of (i) the reasonable cost forsimilar services from other providers or (ii) $125 per hour.
(1981, c. 629, § 63.1-325; 1982, c. 178; 1984, c. 720; 1997, cc. 229, 640;1998, c. 432; 1999, cc. 894, 917; 2002, cc. 103, 747, § 63.2-2004; 2003, c.186; 2004, cc. 183, 657, 725; 2008, c. 585; 2009, c. 851.)
§ 58.1-439.22. Donations of professional services.
A. A sole proprietor, partnership or limited liability company engaged in thebusiness of providing professional services shall be eligible for a taxcredit under this article based on the time spent by the proprietor or apartner or member, respectively, who renders professional services to aprogram that has received an allocation of tax credits from theSuperintendent of Public Instruction or the Commissioner of the StateDepartment of Social Services. The value of the professional services, forpurposes of determining the amount of the tax credit allowable, rendered bythe proprietor or a partner or member to an approved program shall not exceedthe lesser of (i) the reasonable cost for similar services from otherproviders or (ii) $125 per hour.
B. A business firm shall be eligible for a tax credit under this article forthe time spent by a salaried employee who renders professional services to anapproved program. The value of the professional services, for purposes ofdetermining the amount of tax credit allowed to a business firm for timespent by its salaried employee in rendering professional services to anapproved project, shall be equal to the salary that such employee wasactually paid for the period of time that such employee rendered professionalservices to the approved program.
C. Notwithstanding any provision of this article limiting eligibility for taxcredits to business firms, physicians, chiropractors, dentists, nurses, nursepractitioners, physician assistants, optometrists, dental hygienists,professional counselors, clinical social workers, clinical psychologists,marriage and family therapists, physical therapists, and pharmacists licensedpursuant to Title 54.1 who provide health care services within the scope oftheir licensure, without charge, to patients of a clinic operated by anorganization that has received an allocation of tax credits from theCommissioner of the State Department of Social Services and such clinic isorganized in whole or in part for the delivery of health care serviceswithout charge, or to a clinic operated not for profit providing health careservices for charges not exceeding those set forth in a scale prescribed bythe State Board of Health pursuant to § 32.1-11 for charges to be paid bypersons based upon ability to pay, shall be eligible for a tax creditpursuant to § 58.1-439.21 based on the time spent in providing health careservices to patients of such clinic, regardless of where the services aredelivered. The value of such services, for purposes of determining the amountof the tax credit allowable, rendered by the physician, chiropractor,dentist, nurse, nurse practitioner, physician assistant, optometrist, dentalhygienist, professional counselor, clinical social worker, clinicalpsychologist, marriage and family therapist, physical therapist, orpharmacist, shall not exceed the lesser of (i) the reasonable cost forsimilar services from other providers or (ii) $125 per hour.
(1981, c. 629, § 63.1-325; 1982, c. 178; 1984, c. 720; 1997, cc. 229, 640;1998, c. 432; 1999, cc. 894, 917; 2002, cc. 103, 747, § 63.2-2004; 2003, c.186; 2004, cc. 183, 657, 725; 2008, c. 585; 2009, c. 851.)
§ 58.1-439.22. Donations of professional services.
A. A sole proprietor, partnership or limited liability company engaged in thebusiness of providing professional services shall be eligible for a taxcredit under this article based on the time spent by the proprietor or apartner or member, respectively, who renders professional services to aprogram that has received an allocation of tax credits from theSuperintendent of Public Instruction or the Commissioner of the StateDepartment of Social Services. The value of the professional services, forpurposes of determining the amount of the tax credit allowable, rendered bythe proprietor or a partner or member to an approved program shall not exceedthe lesser of (i) the reasonable cost for similar services from otherproviders or (ii) $125 per hour.
B. A business firm shall be eligible for a tax credit under this article forthe time spent by a salaried employee who renders professional services to anapproved program. The value of the professional services, for purposes ofdetermining the amount of tax credit allowed to a business firm for timespent by its salaried employee in rendering professional services to anapproved project, shall be equal to the salary that such employee wasactually paid for the period of time that such employee rendered professionalservices to the approved program.
C. Notwithstanding any provision of this article limiting eligibility for taxcredits to business firms, physicians, chiropractors, dentists, nurses, nursepractitioners, physician assistants, optometrists, dental hygienists,professional counselors, clinical social workers, clinical psychologists,marriage and family therapists, physical therapists, and pharmacists licensedpursuant to Title 54.1 who provide health care services within the scope oftheir licensure, without charge, to patients of a clinic operated by anorganization that has received an allocation of tax credits from theCommissioner of the State Department of Social Services and such clinic isorganized in whole or in part for the delivery of health care serviceswithout charge, or to a clinic operated not for profit providing health careservices for charges not exceeding those set forth in a scale prescribed bythe State Board of Health pursuant to § 32.1-11 for charges to be paid bypersons based upon ability to pay, shall be eligible for a tax creditpursuant to § 58.1-439.21 based on the time spent in providing health careservices to patients of such clinic, regardless of where the services aredelivered. The value of such services, for purposes of determining the amountof the tax credit allowable, rendered by the physician, chiropractor,dentist, nurse, nurse practitioner, physician assistant, optometrist, dentalhygienist, professional counselor, clinical social worker, clinicalpsychologist, marriage and family therapist, physical therapist, orpharmacist, shall not exceed the lesser of (i) the reasonable cost forsimilar services from other providers or (ii) $125 per hour.
(1981, c. 629, § 63.1-325; 1982, c. 178; 1984, c. 720; 1997, cc. 229, 640;1998, c. 432; 1999, cc. 894, 917; 2002, cc. 103, 747, § 63.2-2004; 2003, c.186; 2004, cc. 183, 657, 725; 2008, c. 585; 2009, c. 851.)
