Land preservation tax credit; elimination of verification of conservation value. (SB259)
Introduced By
Sen. Creigh Deeds (D-Charlottesville) with support from co-patrons Del. Ed Scott (R-Culpeper), and Sen. Edd Houck (D-Spotsylvania)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Land preservation tax credit; elimination of verification of conservation value. Eliminates Department of Conservation and Recreation verification of conservation value of land donations resulting in $1 million or more in tax credits if the grantee for the donation is the Virginia Outdoors Foundation. Currently, as a condition of the issuance of a land preservation tax credit, the Department must verify the conservation value of donations that will result in $1 million or more in tax credits. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/08/2008 | Prefiled and ordered printed; offered 01/09/08 082871220 |
01/08/2008 | Referred to Committee on Finance |
01/23/2008 | Impact statement from DPB (SB259) |
01/30/2008 | Continued to 2009 in Finance (16-Y 0-N) (see vote tally) |
12/05/2008 | Left in Finance |