Land preservation tax credit; increased for working farmers. (SB403)
Introduced By
Sen. Emmett Hanger (R-Mount Solon)
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
Land preservation tax credit; working farmers. Increases the land preservation tax credit from 40 percent to 50 percent of the fair market value of the conveyance for working farmers, for tax years beginning on or after January 1, 2013. Amends § 58.1-511, § 58.1-512, of the Code of Virginia. View Full Text »
Outcome
Bill Has Failed
History
- 01/11/2012 Prefiled and ordered printed; offered 01/11/12 12102450D
- 01/11/2012 Referred to Committee on Finance
- 01/23/2012 Impact statement from TAX (SB403)
- 02/07/2012 Continued to 2013 in Finance (15-Y 0-N) (see vote tally)
- 11/30/2012 Left in Finance
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