Income tax, individual and corporate; tax credit to taxpayers for easements to recreation authority. (HB845)
Introduced By
Del. Will Morefield (R-North Tazewell) with support from co-patron Sen. Phil Puckett (D-Tazewell)
Progress
√ |
Introduced |
X |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Personal and corporate income tax credit; easements granted to a recreation authority. Provides an income tax credit to a taxpayer for granting an easement for trails to a recreation authority in an amount equivalent to the real property tax on that part of the taxpayer's land covered by the easement. View Full Text »

