Virginia Regulatory Town Hall
Department of Social Services
State Board of Social Services
Neighborhood Assistance Tax Credit Program [22 VAC 40 ‑ 41]
Action is Exempt from Article 2 of the Administrative Process Act
Amend NAP Regulation to Comply with Statute Regarding Excess Tax Credits
Action 4776
General Information
Action Summary Amending this regulation is necessary to conform the Neighborhood Assistance Program (NAP) to legislation passed by the General Assembly in 2017. Chapter 147 of the Acts of Assembly (House Bill 1433) amends ยง 58.1-439 (B) (4) to require that at least 10 percent of the available amount of tax credits be allocated to qualified organizations not receiving allocations in the preceding year. If the amount of requested tax credits for qualified organizations is less than 10 percent of the available amount, the unallocated portion of such 10 percent must be allocated to other qualified organizations. An enactment clause made the legislation effective upon passage, which was February 23, 2017.
Chapters Affected Only affects this chapter.
Executive Branch Review This Action is exempt from Article 2 of the Administrative Process Act. The normal executive branch review process is not required. As such, it can be submitted directly for publication and is effective upon publication.
Exempt Citation: 2.2-4006 (A) (4) (a)
RIS Project Yes  [005053]
Associated Mandates Neighborhood Assistance Act Tax Credit
Result of Prior Periodic Review Filed 10/27/2015
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
7859 Final Stage complete. This regulation became effective on 06/15/2017.
Contact Information
Name / Title: Wanda Stevenson  / NAP Program Technician
Address: 801 East Main Street
Richmond, VA 23219
Email Address:
Phone: (804)726-7924    FAX: ()-    TDD: ()-

This person is the primary contact for this chapter.