- A. As provided in § 58.1-439.24 of the Code of Virginia, an individual shall be eligible for a tax credit for a cash donation or a donation of marketable securities to an approved organization.
- B. Such donations are subject to the minimum and maximum amounts and other provisions set forth in § 58.1-439.24 of the Code of Virginia.
- C. The approved organization and the individual shall complete a certification on a form prescribed by the Department of Social Services, as specified in § 58.1-439.24 E of the Code of Virginia.
- D. All certifications must be submitted to the Department of Social Services within four years of the date of donation.
- E. Upon receipt and approval of the certification, the commissioner shall issue a tax credit certificate to the individual.
Statutory Authority
§§ 58.1-439.20 and 63.2-217 of the Code of Virginia.
Historical Notes
Derived from Virginia Register Volume 18, Issue 12, eff. April 1, 2002; amended, Virginia Register Volume 23, Issue 22, eff. September 1, 2007; Volume 25, Issue 23, eff. September 1, 2009; Errata, 25:25 VA.R. 4447 August 17, 2009; amended, Virginia Register Volume 29, Issue 1, eff. October 10, 2012; Volume 32, Issue 6, eff. December 31, 2015.