Income tax, state; nonprofit charitable donations for Energy Star qualified products tax credit. (HB1046)

Introduced By

Del. Kaye Kory (D-Falls Church)

Progress

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

Description

Income tax; nonprofit charitable donations for Energy Star qualified products tax credit.  Grants an income tax credit for taxable years beginning on or after January 1, 2010, to individual taxpayers and business taxpayers that make a cash donation to charitable nonprofit organizations that use the donation to construct, purchase, or lease Energy Star qualified products for their headquarters on or after January 1, 2010. The amount of the credit equals 50 percent of such equipment expenditures but not more than $25,000 total. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/13/2010Committee
01/13/2010Prefiled and ordered printed; offered 01/13/10 10103236D
01/13/2010Referred to Committee on Finance
01/18/2010Assigned Finance sub: #3
01/25/2010Assigned Finance sub: #3
01/28/2010Impact statement from TAX (HB1046)
01/29/2010Subcommittee recommends laying on the table (4-Y 0-N)
02/16/2010Left in Finance