Income tax, corporate; creates industrial building rehabilitation tax credit. (SB68)

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, 2013. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/05/2012Prefiled and ordered printed; offered 01/11/12 12100750D
01/05/2012Referred to Committee on Finance
01/23/2012Impact statement from TAX (SB68)
02/07/2012Continued to 2013 in Finance (15-Y 0-N) (see vote tally)