For Immediate Release:

February 14, 2012

Contact:  Elise Marsh

                 804-698-1034

Richmond, VA – Today, Delegate Comstock’s House Bill 551, to extend the Telework Tax Credit until 2015, passed unanimously.

Delegate Comstock released the following statement:

“I am pleased with the overwhelming support for this bill and I appreciate the opportunity to have this telework tax exemption extended so that more employees and employers can take advantage of telework policies.  Already we have over 174 companies utilizing this credit.

Teleworking is a 21st century workplace option that can reduce traffic congestion and air pollution, as well as cut gasoline consumption and dependency on foreign oil.  It also helps provide a more family friendly workplace that gives Moms and Dads more time at home and less time sitting in traffic.  Employers get the benefit of increased productivity, improved morale, fewer sick leave days used, better worker retention, and reduced costs for office space.  This bill is a win-win solution for employers and employees and I look forward to working on this initiative.”

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