Income tax, state; tax credit for certain biodiesel fuels producers in State. (HB1539)
Introduced By
Del. Brian Moran (D-Alexandria)
Progress
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Introduced |
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Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Description
Income tax; biodiesel fuels producers income tax credit. Allows an income tax credit to biodiesel fuels producers in Virginia who produce at least one million gallons of biodiesel fuels a year. The amount of the credit is $0.01 per gallon annually for taxable years beginning on January 1, 2008, and ending December 31, 2015. Any unused credit may be transferred for use by another taxpayer. Amends § 58.1-439.12:02 (“Biodiesel and green diesel fuels producers tax credit.”), of the Code of Virginia. View Full Text »
Status
02/04/2008: Merged into HB139
View Bill's History
