Land preservation tax credit; reduces amount that may be claimed for taxable years 2012 and 2013. (HB1268)
Introduced By
Progress
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Introduced |
X |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Land preservation tax credit. Reduces from $100,000 to $50,000 the amount of the land preservation tax credit that may be claimed for taxable years 2012 and 2013. Any taxpayer affected by the credit reduction would be allowed two additional taxable years in which to claim the land preservation tax credit. Amends § 58.1-512, of the Code of Virginia. View Full Text »
Outcome
Bill Has Failed
History
- 01/20/2012 Presented and ordered printed 12104219D
- 01/20/2012 Referred to Committee on Finance
- 01/24/2012 Assigned Finance sub: #3
- 01/26/2012 Impact statement from TAX (HB1268)
- 01/27/2012 Subcommittee recommends reporting (5-Y 0-N)
- 02/10/2012 Continued to 2013 in Finance
- 11/29/2012 Left in Finance
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