Income tax, state; provides tax credit for certain individuals & corporations for renewable energy. (HB2094)

Introduced By

Del. Albert Pollard (D-Lively) with support from co-patron Sen. Richard Stuart (R-Westmoreland)

Progress

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

Description

Income tax; renewable energy property tax credit. Provides a tax credit for individuals and corporations for renewable energy property placed in service for taxable years beginning on and after January 1, 2009. Credits are approved on a first-come, first-served basis and cannot exceed $1,000,000 for individuals and $1,000,000 for corporations in any year. Renewable energy property means photovoltaic property, solar water heating property, and wind-powered electrical generator property. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/13/2009Committee
01/13/2009Prefiled and ordered printed; offered 01/14/09 091926802
01/13/2009Referred to Committee on Finance
01/16/2009Assigned Finance sub: 3
01/24/2009Impact statement from TAX (HB2094)
02/10/2009Left in Finance

Duplicate Bills

The following bills are identical to this one: SB1141.