Income tax, state; industrial building rehabilitation tax credit. (SB1432)

Introduced By

Sen. Bill Stanley (R-Moneta)

Progress

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

Description

Income tax; industrial building rehabilitation tax credit.  Creates a tax credit, not to exceed $100,000, for businesses that rehabilitate or retrofit older industrial buildings in which a new business is located, for taxable years beginning on and after January 1, 2012. Read the Bill »

Status

02/02/2011: Failed to Pass in Committee

History

DateAction
01/21/2011Presented and ordered printed 11104225D
01/21/2011Referred to Committee on Finance
01/26/2011Impact statement from TAX (SB1432)
02/02/2011Passed by indefinitely in Finance with letter (13-Y 1-N) (see vote tally)
02/02/2011Letter sent to the Joint Legislative Audit and Review Commission