Land preservation tax credit; verification requirements. (SB604)

Introduced By

Sen. Richard Stuart (R-Westmoreland)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Land preservation tax credit; verification requirements. Requires verification by the Department of Conservation and Recreation of the conservation value of a donation for credits of $500,000 or more. Current law only requires such verification for credits of $1 million or more. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/07/2020Prefiled and ordered printed; offered 01/08/20 20102932D
01/07/2020Referred to Committee on Finance and Appropriations
01/12/2020Impact statement from TAX (SB604)
01/21/2020Reported from Finance and Appropriations with amendment (11-Y 5-N) (see vote tally)
01/22/2020Constitutional reading dispensed (40-Y 0-N) (see vote tally)
01/23/2020Read second time
01/23/2020Reading of amendment waived
01/23/2020Committee amendment agreed to
01/23/2020Engrossed by Senate as amended SB604E
01/23/2020Printed as engrossed 20102932D-E
01/24/2020Read third time and defeated by Senate (17-Y 22-N) (see vote tally)
01/24/2020Reconsideration of defeated action agreed to by Senate (37-Y 0-N) (see vote tally)
01/24/2020Passed by for the day
01/27/2020Read third time and defeated by Senate (18-Y 21-N) (see vote tally)

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 3 minutes.