Tax credits, certain; aggregate caps. (SB1540)
Introduced By
Sen. Glen Sturtevant (R-Midlothian)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Certain tax credits; aggregate caps. Reduces the total aggregate caps of the historic rehabilitation tax credit, the research and development expenses tax credit, the major research and development expenses tax credit, and the land preservation tax credit over a period of 10 years, so that no credits are available for any of the credits beginning in 2027. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/20/2017 | Presented and ordered printed 17103686D |
01/20/2017 | Referred to Committee on Finance |
01/30/2017 | Impact statement from TAX (SB1540) |
01/31/2017 | Passed by indefinitely in Finance (16-Y 0-N) (see vote tally) |