Income tax, corporate; creates industrial building rehabilitation tax credit. (SB747)

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 vacant older industrial buildings in which a new business is located for taxable years beginning on and after January 1, 2014 and ending December 31, 2018. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
12/14/2012Prefiled and ordered printed; offered 01/09/13 13100297D
12/14/2012Referred to Committee on Finance
01/09/2013Impact statement from TAX (SB747)
01/15/2013Stricken at request of Patron in Finance (13-Y 0-N) (see vote tally)