Under Va. Code § 58.1-339.4(E), the Qualified Equity and Subordinated Debt Investments Tax Credit is capped at $5 million annually.  However, beginning with Taxable Year 2006, budget actions have imposed a lower tax credit cap for certain taxable years.  For Taxable Year 2013, the tax credit cap was limited to $4.5 million.  Under the amended budget bill for the 2012-2014 biennium (2014 House Bill 5001) and the budget bill for the 2014-2016 biennium (2014 House Bill 5002), the tax credit cap will increase to $5 million for Taxable Year 2014.  For taxable years after 2014, the tax credit cap will remain at the statutory cap of $5 million.