Saturday, November 22, 2008
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Tracking Virginia’s General Assembly
since 2007.

Search 2008 Bills:

HB3125: Income tax, state; energy-efficient equipment tax credit.

Chief Patron

Del. Chuck Caputo (D-67)

Chuck Caputo (D-67)
Oak Hill, VA
Served: 2006–

Progress

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

Status

Bill is Dead
View Entire History

Summary

Income tax; energy-efficient equipment tax credit.  Grants an income tax credit for taxable years beginning on or after January 1, 2007, to taxpayers (individuals and corporations) who purchase energy-efficient equipment for heating, cooling, and electricity generation for their commercial property used in a business. The amount of the credit equals 25% of such equipment expenditures, but may not be more than $7,500 total.

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Poll Results

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Bill Text