Income tax, state; renewable energy property tax credit. (SB1141)
Introduced By
Sen. Louise Lucas (D-Portsmouth)
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
| Date | Action |
|---|---|
| 01/13/2009 | Prefiled and ordered printed; offered 01/14/09 091925802 |
| 01/13/2009 | Referred to Committee on Finance |
| 01/24/2009 | Impact statement from TAX (SB1141) |
| 01/28/2009 | Reported from Finance with substitute (9-Y 6-N 1-A) (see vote tally) |
| 01/28/2009 | Committee substitute printed 096009260-S1 |
| 01/29/2009 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
| 01/30/2009 | Read second time |
| 01/30/2009 | Reading of substitute waived |
| 01/30/2009 | Committee substitute agreed to 096009260-S1 |
| 01/30/2009 | Passed by for the day |
| 02/02/2009 | Read second time |
| 02/02/2009 | Engrossed by Senate - committee substitute SB1141S1 |
| 02/02/2009 | Motion to recommit to committee agreed to |
| 02/02/2009 | Recommitted to Finance |
| 02/02/2009 | Impact statement from TAX (SB1141S1) |
| 02/05/2009 | Reported from Finance with substitute (16-Y 0-N) (see vote tally) |
| 02/05/2009 | Committee substitute printed 092919260-S2 |
| 02/09/2009 | Engrossment reconsidered by Senate (39-Y 0-N) (see vote tally) |
| 02/09/2009 | Committee substitute reconsidered 096009260-S1 (40-Y 0-N) (see vote tally) |
| 02/09/2009 | Passed by for the day |
| 02/10/2009 | Read second time |
| 02/10/2009 | Committee substitute rejected 096009260-S1 |
| 02/10/2009 | Reading of substitute waived |
| 02/10/2009 | Committee substitute agreed to 092919260-S2 |
| 02/10/2009 | Engrossed by Senate - committee substitute SB1141S2 |
| 02/10/2009 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
| 02/10/2009 | Passed Senate (38-Y 1-N) (see vote tally) |
| 02/13/2009 | Impact statement from TAX (SB1141S2) |
| 02/13/2009 | Placed on Calendar |
| 02/13/2009 | Read first time |
| 02/13/2009 | Referred to Committee on Finance |
| 02/28/2009 | Left in Finance |