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2008 Regular Session bill information current as of November 23, 2008 - 0:19 a.m.
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HOUSE BILL 47

File Code: Taxes - Income
Prior Year Introduction As: HB 1024/07 - W&M

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

Legislative date is used to record history occuring in the Chambers otherwise Calendar date is used. Explain Legislative Date and Calendar Date
House Action
11/5
Pre-filed
1/9
First Reading Ways and Means
1/23
Hearing 2/6 at 11:00 a.m.
2/18
Withdrawn
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
Flood Control
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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