Income tax, state; allows taxpayer to transfer certain tax credits to another. (HB2516)

Introduced By

Sen. Lynwood Lewis (D-Accomac)

Progress

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

Description

Income tax; agricultural best management practices.  Allows any taxpayer to transfer income tax credits that he receives for agricultural best management practices and that he cannot use to another taxpayer who can use the credits, for taxable years beginning on or after January 1, 2011. Amends § 58.1-339.3, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/21/2011Presented and ordered printed 11104178D
01/21/2011Referred to Committee on Finance
01/24/2011Assigned Finance sub: #3
01/25/2011Impact statement from TAX (HB2516)
01/28/2011Subcommittee recommends laying on the table
02/08/2011Left in Finance

Duplicate Bills

The following bills are identical to this one: SB974.