Income tax, corporate and state; energy-efficient equipment tax credit. (HB732)
Introduced By
Del. Chuck Caputo (D-Oak Hill) with support from co-patrons Del. Joe Bouchard (D-Virginia Beach), and Sen. Dave Marsden (D-Burke)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Income tax; energy-efficient equipment tax credit. Grants an income tax credit for taxable years beginning on or after January 1, 2008, to taxpayers (individuals and corporations) who purchase energy-efficient equipment for heating, cooling, and electricity generation for their commercial property used in a business. The amount of the credit equals 25% of such equipment expenditures, but may not be more than $7,500 total. Read the Bill »
Outcome
Bill Has Failed
History
| Date | Action |
|---|---|
| 01/08/2008 | Committee |
| 01/08/2008 | Prefiled and ordered printed; offered 01/09/08 084473456 |
| 01/08/2008 | Referred to Committee on Finance |
| 01/15/2008 | Assigned Finance sub: 3 |
| 01/26/2008 | Impact statement from TAX (HB732) |
| 02/12/2008 | Left in Finance |