Land preservation tax credit; reduces amount that may be claimed for taxable years 2009 & 2010. (HB1891)
Introduced By
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
Land preservation tax credit. Reduces from $100,000 to $50,000 the amount of the land preservation tax credit that may be claimed for each of taxable years 2009 and 2010. Any taxpayer affected by the credit reduction would be allowed an additional two taxable years in which to claim the land preservation tax credit. Amends § 58.1-512 (“Land preservation tax credits for individuals and corporations.”), of the Code of Virginia. View Full Text »
Outcome
Bill Has Passed
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