Income tax, state; nonprofit charitable donations for Energy Star qualified products tax credit. (HB1547)

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, 2012, 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, 2012. 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
01/03/2011Committee
01/03/2011Prefiled and ordered printed; offered 01/12/11 11101665D
01/03/2011Referred to Committee on Finance
01/17/2011Assigned Finance sub: #3
01/20/2011Impact statement from TAX (HB1547)
01/21/2011Subcommittee recommends striking from docket (5-Y 0-N)
01/24/2011Stricken from docket by Finance