Green Jobs Grant Program; established. (SB143)

Introduced By

Sen. John Miller (D-Newport News)

Progress

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

Description

Income tax; Renewable Energy Job Creation tax credit.  Provides an income tax credit to corporations for each "Renewable Energy Job" created and filled. The amount of the credit for each such job is $1,000 for each salary of $50,000 and more a year and may be taken for three years. A Renewable Energy Job is employment in an industry related to renewable alternative energies. The credit is available for taxable years beginning on or after January 1, 2010, but before January 1, 2015. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/11/2010Prefiled and ordered printed; offered 01/13/10 10101959D
01/11/2010Referred to Committee on Finance
01/17/2010Impact statement from TAX (SB143)
02/09/2010Reported from Finance with substitute (15-Y 0-N) (see vote tally)
02/09/2010Committee substitute printed 10105241D-S1
02/10/2010Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/11/2010Read second time
02/11/2010Reading of substitute waived
02/11/2010Committee substitute agreed to 10105241D-S1
02/11/2010Engrossed by Senate - committee substitute SB143S1
02/12/2010Read third time and passed Senate (39-Y 0-N) (see vote tally)
02/16/2010Placed on Calendar
02/16/2010Read first time
02/16/2010Referred to Committee on Commerce and Labor
02/18/2010Referred from Commerce and Labor
02/18/2010Referred to Committee on Appropriations
02/23/2010Assigned App. sub: Economic Development, Agriculture and Natural Resources
02/26/2010Subcommittee recommends laying on the table
03/14/2010Left in Appropriations