Tracking Virginia’s General Assembly
since 2007.
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 |
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Passed Committee |
☐ |
Passed House |
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Passed Senate |
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Signed by Governor |
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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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