Income tax, state; agricultural best management practices tax credits. (SB974)

Introduced By

Sen. Mary Margaret Whipple (D-Arlington)

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. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/11/2011Prefiled and ordered printed; offered 01/12/11 11101360D
01/11/2011Referred to Committee on Finance
01/22/2011Impact statement from TAX (SB974)
01/26/2011Reported from Finance with amendments (13-Y 0-N) (see vote tally)
01/27/2011Constitutional reading dispensed (38-Y 0-N) (see vote tally)
01/28/2011Passed by for the day
01/31/2011Read second time
01/31/2011Reading of amendments waived
01/31/2011Committee amendments agreed to
01/31/2011Engrossed by Senate as amended SB974E
01/31/2011Printed as engrossed 11101360D-E
02/01/2011Read third time and passed Senate (40-Y 0-N) (see vote tally)
02/07/2011Placed on Calendar
02/07/2011Read first time
02/07/2011Referred to Committee on Finance
02/08/2011Assigned Finance sub: #3
02/10/2011Impact statement from TAX (SB974E)
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 (SB974ER)
02/21/2011Signed by Speaker
02/22/2011Signed by President
03/22/2011G Approved by Governor-Chapter 352 (effective 7/1/11)
03/22/2011G Acts of Assembly Chapter text (CHAP0352)

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 35 seconds.

Duplicate Bills

The following bills are identical to this one: HB2516.