Income tax, state; remainder of revenues transferred to Land Conservation Fund for distribution. (SB264)

Introduced By

Sen. Mary Margaret Whipple (D-Arlington)

Progress

√
 Introduced
√
 Passed Committee
√
 Passed House
√
 Passed Senate
√
 Signed by Governor
√
 Became Law

Description

Land preservation tax credit; fee for transfer of credits.  Changes the fee for the sale or distribution of land preservation tax credits to two percent of the value of the donated interest. Currently, the fee is two percent of the value of the donated interest, but not to exceed $10,000.   View Full Text »

Outcome

Bill Has Passed
View Bill's History