Land preservation tax credit; credit shall not be reduced by amount of unused credit in prior year. (SB1153)

Introduced By

Sen. Fred Quayle (R-Suffolk)

Progress

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

Description

Land preservation tax credit.  Provides that a land preservation tax credit shall not be reduced by the amount of unused credit that could have been claimed in a prior year by the taxpayer but was unclaimed. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/12/2011Prefiled and ordered printed; offered 01/12/11 11102940D
01/12/2011Referred to Committee on Finance
01/25/2011Impact statement from TAX (SB1153)
02/02/2011Reported from Finance (14-Y 0-N) (see vote tally)
02/03/2011Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/04/2011Read second time and engrossed
02/07/2011Read third time and passed Senate (39-Y 0-N) (see vote tally)
02/07/2011Reconsideration of passage agreed to by Senate (40-Y 0-N) (see vote tally)
02/07/2011Passed Senate (40-Y 0-N) (see vote tally)
02/09/2011Placed on Calendar
02/09/2011Read first time
02/09/2011Referred to Committee on Finance
02/10/2011Assigned Finance sub: #3
02/10/2011Impact statement from TAX (SB1153)
02/11/2011Subcommittee recommends reporting (5-Y 0-N)
02/14/2011Reported from Finance (22-Y 0-N) (see vote tally)
02/15/2011Read second time
02/16/2011Read third time
02/16/2011Passed House BLOCK VOTE (97-Y 0-N)
02/16/2011VOTE: BLOCK VOTE PASSAGE (97-Y 0-N) (see vote tally)
02/21/2011Enrolled
02/21/2011Bill text as passed Senate and House (SB1153ER)
02/21/2011Signed by Speaker
02/22/2011Impact statement from TAX (SB1153ER)
02/22/2011Signed by President
03/22/2011G Approved by Governor-Chapter 377 (effective 7/1/11)
03/22/2011G Acts of Assembly Chapter text (CHAP0377)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 1 minute.