Virginia Regulatory Town Hall
Department of Social Services
State Board of Social Services
Neighborhood Assistance Tax Credit Program [22 VAC 40 ‑ 41]
Amend the NAP tax credit program regulation to make technical and substantive changes.
Action 1740
General Information
Action Summary The purpose of the proposed action is to amend the regulation for the Neighborhood Assistance Program (NAP). NAP is a state tax credit program established by the General Assembly in 1981. The program uses tax credits as an incentive for businesses and, with certain restrictions, individuals, to make donations to eligible projects. To be an eligible project an organization must be a 501(c)(3) or (4) whose primary function is providing assistance to low-income individuals and families. The amendments will make several technical and clarifying changes, including updating code citations and correcting inconsistencies in terminology. In addition, amendments are being proposed to ensure the availability of tax credits and their equitable distribution among approved projects. Also, amendments are being proposed to ensure fairness in the valuation of certain donated items and to improve the process for determining eligibility of organizations applying to participate in NAP.
Chapters Affected Only affects this chapter.
Executive Branch Review This action will go through the normal Executive Branch Review process.
RIS Project Yes  [000552]
New Periodic Review This action will not be used to conduct a new periodic review.
Stages associated with this regulatory action.
Stage ID Stage Type Status
3157 NOIRA Stage complete. Comment period ended 08/10/2005.
3431 Proposed Stage withdrawn on 12/30/2005 before the Secretary's office completed its review.
3560 Proposed Stage complete. Comment period ended 11/03/2006.
4028 Final Stage complete. This regulation became effective on 09/01/2007.
Contact Information
Name / Title: J, Mark Grigsby  / Director
Address: Office of Community Services
7 North 8th Street
Richmond, VA 23219
Email Address:
Phone: (804)726-7922    FAX: (804)726-7946    TDD: (800)828-1120