Land preservation tax credit; per taxpayer limitation. (SB963)

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; per taxpayer limitation. Extends to taxable year 2017 the $20,000 limit on the amount that a taxpayer may claim per year under the land preservation tax credit. The bill retains the $50,000 limit for each subsequent taxable year. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/03/2017Prefiled and ordered printed; offered 01/11/17 17101770D
01/03/2017Referred to Committee on Finance
01/14/2017Impact statement from TAX (SB963)
02/01/2017Reported from Finance (16-Y 0-N) (see vote tally)
02/02/2017Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/03/2017Read second time and engrossed
02/03/2017Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/03/2017Passed Senate (40-Y 0-N) (see vote tally)
02/08/2017Placed on Calendar
02/08/2017Read first time
02/08/2017Referred to Committee on Finance
02/09/2017Assigned Finance sub: Subcommittee #3
02/09/2017Impact statement from TAX (SB963)
02/10/2017Subcommittee recommends reporting (4-Y 0-N)
02/13/2017Reported from Finance (16-Y 6-N) (see vote tally)
02/14/2017Read second time
02/15/2017Read third time
02/15/2017Passed House (86-y 12-N)
02/15/2017VOTE: PASSAGE (86-Y 12-N) (see vote tally)
02/17/2017Enrolled
02/17/2017Bill text as passed Senate and House (SB963ER)
02/17/2017Signed by Speaker
02/20/2017Signed by President
02/21/2017Enrolled Bill Communicated to Governor on 2/21/17
02/21/2017G Governor's Action Deadline Midnight, March 27, 2017
02/21/2017Impact statement from TAX (SB963ER)
03/13/2017G Approved by Governor-Chapter 424 (effective 7/1/17)
03/13/2017G Acts of Assembly Chapter text (CHAP0424)

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 56 seconds.