Land preservation tax credit; increased for working farmers. (SB403)
Introduced By
Sen. Emmett Hanger (R-Mount Solon)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Land preservation tax credit; working farmers. Increases the land preservation tax credit from 40 percent to 50 percent of the fair market value of the conveyance for working farmers, for tax years beginning on or after January 1, 2013. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/11/2012 | Prefiled and ordered printed; offered 01/11/12 |
01/11/2012 | Prefiled and ordered printed; offered 01/11/12 12102450D |
01/11/2012 | Referred to Committee on Finance |
01/23/2012 | Impact statement from TAX (SB403) |
02/07/2012 | Continued to 2013 in Finance (15-Y 0-N) (see vote tally) |