Income tax, state; energy-efficient equipment deduction. (HB1878)

Introduced By

Del. Chuck Caputo (D-Oak Hill)

Progress

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

Description

Income tax; energy-efficient equipment deduction. Provides an income tax deduction for taxable years beginning on or after January 1, 2007, to individuals who purchase energy-efficient equipment used for heating, cooling, and providing electricity to their residences. The amount of the deduction equals 50% of such equipment expenditures, but not more than $7,500 total. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/04/2007Committee
01/04/2007Prefiled and ordered printed; offered 01/10/07 074217262
01/04/2007Referred to Committee on Finance
01/10/2007Assigned Finance sub: #1 (Orrock)
01/19/2007Impact statement from TAX (HB1878)