Income tax, state; renewable energy property tax credit. (SB1141)
Introduced By
Sen. Louise Lucas (D-Portsmouth)
Progress
√ |
Introduced |
X |
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. View Full Text »
Outcome
Bill Has Failed
View Bill's History
