Income tax, state; remainder of revenues transferred to Land Conservation Fund for distribution. (HB447)
Introduced By
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Income tax; land conservation tax credit fee limitations. Removes the $10,000 cap on the 2 percent fee imposed on the transfer arising from the sale of land conservation tax credits and directs the revenues be paid to the Department of Taxation and the Department of Conservation and Recreation first. The remaining revenues will be transferred to the public or private conservation agencies responsible for enforcing the conservation purposes of the donated interest. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/12/2010 | Committee |
01/12/2010 | Prefiled and ordered printed; offered 01/13/10 10103100D |
01/12/2010 | Referred to Committee on Finance |
01/19/2010 | Assigned Finance sub: #2 |
02/02/2010 | Impact statement from TAX (HB447) |
02/03/2010 | Subcommittee recommends reporting with amendment(s) (10-Y 0-N) |
02/10/2010 | Reported from Finance with substitute (21-Y 1-N) (see vote tally) |
02/10/2010 | Committee substitute printed 10104655D-H1 |
02/12/2010 | Read first time |
02/15/2010 | Read second time |
02/15/2010 | Committee substitute agreed to 10104655D-H1 |
02/15/2010 | Engrossed by House - committee substitute HB447H1 |
02/16/2010 | Read third time and passed House (96-Y 3-N) |
02/16/2010 | VOTE: --- PASSAGE (96-Y 3-N) (see vote tally) |
02/17/2010 | Constitutional reading dispensed |
02/17/2010 | Referred to Committee on Finance |
02/18/2010 | Impact statement from TAX (HB447H1) |
02/23/2010 | Reported from Finance (13-Y 0-N) (see vote tally) |
02/24/2010 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
02/25/2010 | Read third time |
02/25/2010 | Passed Senate (40-Y 0-N) (see vote tally) |
03/03/2010 | Enrolled |
03/03/2010 | Bill text as passed House and Senate (HB447ER) |
03/03/2010 | Impact statement from TAX (HB447ER) |
03/03/2010 | Signed by Speaker |
03/06/2010 | Signed by President |
04/07/2010 | G Approved by Governor-Chapter 229 (effective 7/1/10) |
04/07/2010 | G Acts of Assembly Chapter text (CHAP0229) |