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2022 Virginia State Legislation

On January 26th, The Compress & Shock Team will be in Richmond to lobby for a bill to incentivize Virginians to purchase an AED for their vehicle.

What if every 3rd or 4th vehicle in the U.S. had an AED in it?

In the event of cardiac arrest, CPR is needed to provide blood to the brain, but AEDs are what will save lives.

Currently approximately 10% of victims of out-of-hospital cardiac arrest (OOHCA) survive neurologically intact.  However, if an AED is used within 3 minutes of OOHCA, survival can be as high as 70%.

Simply put, increasing access to AEDs will save lives.​

The Compress & Shock Foundation has devised a comprehensive plan to increase early access to AEDs:

  • A dollar-for-dollar tax credit for VA citizens who purchase an AED at the time of a new or used car purchase at participating dealerships.

  • The tax credit would be capped for the first 12 months (ex. $1.5 million) and all AED sales will be tracked to ensure the cap is not exceeded.

  • No money from any AED sale would be earmarked for the Foundation; we have taken significant care to avoid conflicts of interest.

  • The AED purchase will be paired with educational opportunities both virtually and in-person to ensure each consumer (and their family) has quality CPR and AED training.

  • A large advertising campaign will accompany this legislation to promote the tax credit as well as inform the public of CPR and AED training opportunities. 

  • Our Foundation has devised a comprehensive plan for placing permanent, in-ground AEDs in lower socioeconomic areas of Virginia that are unlikely to take advantage of this bill.

Written and Endorsed by Roanoke City Council

§ 58.1-339.13. (Effective January 1, 2023) 

Automated External Defibrillator Tax Credit

 

A. As used in this section, unless the context requires a different meaning:

" Automated External Defibrillator" means an external, portable device that automatically analyzes an individual’s heart rhythm, and will attempt to restore such individual’s heart rhythm by delivering an electronic shock to the heart.

“Certified” means an Automated External Defibrillator approved by the United States Food and Drug Administration (FDA).

“Individual” means an individual taxpayer who is filing a Virginia individual income tax return.

 

B. For taxable years beginning on and after January 1, 2023, any individual who purchases a certified automated external defibrillator shall be entitled to a one-time credit against the tax levied pursuant to §58.1-2402 for an individual’s purchase of a new or used motor vehicle as the term “motor vehicle” is defined by that provision. The credit shall be applied by the individual on the individual’s Virginia tax return for the year following the year of purchase of the certified automated external defibrillator. Only certified automated external defibrillators that are purchased new and are not pre-owned are eligible for the credit.

 

C. The amount of such credit under this subsection shall not exceed $1,200 for the year of purchase. If the amount of the credit exceeds the taxpayer's liability for such taxable year, the excess may be refunded by the Tax Commissioner. Tax credits shall be refunded by the Tax Commissioner on behalf of the Commonwealth for 100 percent of face value. Tax credits shall be refunded within 90 days after the filing date of the Virginia income tax return on which the individual applies for the refund.

 

D.  To claim the credit authorized under this section, the taxpayer shall provide the required information where indicated on the individual’s Virginia tax return and attach the purchase receipt or such other verifying purchase information to such return.

 

E. The Virginia Department of Taxation shall promulgate regulations and issue guidelines necessary to implement this credit, including providing information to individuals on the recommended use of automated external defibrillators, in consultation with the Virginia Department of Health.