Income tax, state; credit for solar energy equipment systems. (HB883)
Introduced By
Del. Mark Sickles (D-Alexandria)
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 credit; solar energy equipment systems. Provides a personal and corporate income tax credit beginning January 1, 2012, for the purchase and installation of equipment that (i) generates electricity from solar energy or (ii) uses solar energy to heat or cool a structure or provide hot water. The amount of the credit would be 10 percent of the cost of purchasing and installing eligible solar energy equipment systems, capped at $1,000 per year. Any unused tax credit could be carried over for five years until all the tax credit is taken. The solar energy equipment system must provide a minimum of 10 percent of the energy needs of the structure in which it is installed, and must be approved by the Department of Mines, Minerals and Energy. View Full Text »
Outcome
History
- 01/11/2012 Prefiled and ordered printed; offered 01/11/12 12102214D
- 01/11/2012 Referred to Committee on Finance
- 02/02/2012 Impact statement from TAX (HB883)
- 02/06/2012 Continued to 2013 in Finance
- 11/29/2012 Left in Finance
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