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Search 2008 Bills:

HB2226: Land preservation income tax credits; removes annual inflation indexing.

Chief Patron

Del. Leo Wardrup (R-83)

Leo Wardrup (R-83)
Virginia Beach, VA
Served: 1992–

Progress

Yes Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Status

Bill is Dead

View Entire History

Summary

Land conservation income tax credits.  Removes the annual inflation indexing that would have increased, beginning in 2008, the $100 million total cap on the amount of land conservation income tax credits that may be issued by the Department of Taxation annually.

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Bill Text

Related Bills

  • HJ576
    Introduced: December 11, 2006
    Status: Introduced
    : Open-space & Farmlands; Joint Sub. Studying Funding Sources for Purchase of Development Rights.
  • HB2191
    Introduced: January 09, 2007
    Status: assigned to subcommittee
    : Land preservation tax credits; maximum amount allowed annually.
  • HJ692
    Introduced: January 10, 2007
    Status: Passed the House
    : Open-Space & Farmlands, Joint Sub. Studying Funding Sources for Purchase of Development Rights.
  • HB1713
    Introduced: December 15, 2006
    Status: Introduced
    : Resources Authority; expands projects that can be financed to include land conserv. & preservation.
  • SB942
    Introduced: January 09, 2007
    Status: signed by governor
    : Land Conservation Fund; disbursement of moneys.