Income tax, state; energy-efficient equipment tax credit. (HB2572)

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, 2010, to individuals who purchase energy-efficient equipment, on or after January 1, 2009, used for heating, cooling, and providing electricity to their residences. The amount of the deduction equals 50 percent of such equipment expenditures, but not more than $7,500 total. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/21/2009Committee
01/21/2009Presented and ordered printed 098767456
01/21/2009Referred to Committee on Finance
01/24/2009Impact statement from TAX (HB2572)
02/10/2009Left in Finance