Income tax, state; green jobs tax credit. (SB1125)

Introduced By

Sen. Chap Petersen (D-Fairfax) with support from co-patron Del. Jim Scott (D-Merrifield)

Progress

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

Description

Income tax; green jobs tax credit. Provides an income tax credit to taxpayers in the amount of $1,000 per year, for up to three years, for each "green job" created that pays at least $50,000 a year. A green job is employment in an industry related to renewable alternative energies. The credit is available for taxable years beginning on or after January 1, 2009, but before January 1, 2014. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/13/2009Prefiled and ordered printed; offered 01/14/09 092839293
01/13/2009Referred to Committee on Finance
01/23/2009Impact statement from TAX (SB1125)
02/11/2009Left in Finance