Income tax, state; remainder of revenues transferred to Land Conservation Fund for distribution. (HB447)
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
Income tax; land conservation tax credit fee limitations. Removes the $10,000 cap on the 2 percent fee imposed on the transfer arising from the sale of land conservation tax credits and directs the revenues be paid to the Department of Taxation and the Department of Conservation and Recreation first. The remaining revenues will be transferred to the public or private conservation agencies responsible for enforcing the conservation purposes of the donated interest. View Full Text »
Outcome
Bill Has Passed
View Bill's History
