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2007 Regular Session bill information current as of October 3, 2007 - 11:20 p.m.
Sponsors Title Synopsis History Subjects Statutes Documents Another Session Another Bill

HOUSE BILL 1024

File Code: Taxes - Income

Sponsored By:
Delegate Ross

Entitled:
Income Tax - Credit for Low Impact Development


Synopsis:

Allowing a State income tax credit for the costs of using low impact development techniques in construction projects; requiring the Department of the Environment to adopt regulations establishing eligibility standards for the tax credit; providing for issuance of initial credit certificates by the Department; limiting to $9,000,000 the aggregate amount of initial credit certificates that the Department may issue; requiring the Department to establish an Advisory Committee; etc.


History by Legislative and Calendar Date Explain Legislative Date and Calendar Date

House Action
2/9
First Reading Ways and Means
2/14
Hearing 3/15 at 1:00 p.m.
Senate Action
No Action

Bill indexed under the following Subjects:

Committees and Commissions -see also- Political Committees
Comptroller
Conservation -see also- Soil Conservation
Construction
Environment, Department of
Environmental Matters -see also- Conserv; Nat Resrce; Pollut
Income Tax
Reports
Rules and Regulations
Tax Credits -see also- Circuit Breaker

Bill affects the following Statute:

Tax - General
( 10-726 )


Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal and Policy Note (Displayed in PDF Format): Available

Amendments: None offered



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