Income tax, state; credit for donation to public access authority. (HB2483)
Introduced By
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Income tax credit for donation to public access authority. Establishes for taxable years 2019 through 2023 a nonrefundable income tax credit in the amount of 40 percent of a donation to a public access authority. A credit would be allowed only for a donation to a public access authority that owns an aggregate of at least 200 acres of real property located on a waterfront and available for use by the general public The amount of credit claimed per year shall not exceed $20,000, but unused credit may be carried forward for three years. The aggregate amount of available credits is limited to $5 million per year. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/09/2019 | Committee |
01/09/2019 | Prefiled and ordered printed; offered 01/09/19 19100323D |
01/09/2019 | Referred to Committee on Finance |
01/15/2019 | Assigned Finance sub: Subcommittee #1 |
01/15/2019 | Impact statement from TAX (HB2483) |
01/23/2019 | Subcommittee recommends striking from docket (8-Y 0-N) |
02/05/2019 | Left in Finance |