VA HB1111 | 2008 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 9 2008 - 25% progression, died in chamber
Action: 2008-02-12 - House: Left in Finance
Status: Introduced on January 9 2008 - 25% progression, died in chamber
Action: 2008-02-12 - House: Left in Finance
Summary
Income tax; historic rehabilitation tax credit. Changes the definition of "material rehabilitation" for the cost of rehabilitation expenses for owner-occupied buildings from 25 percent of the assessed value of the building for local real estate tax purposes to a flat $10,000 for taxable years beginning on and after January 1, 2008.
Title
Income tax, state; historic rehabilitation tax credit.
Sponsors
| Del. Mark Cole [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2008-02-12 | House: Left in Finance | |
| 2008-01-15 | House: Assigned Finance sub: 3 | |
| 2008-01-09 | House: Referred to Committee on Finance | |
| 2008-01-09 | House: Prefiled and ordered printed; offered 01/09/08 088063468 |
Subjects
Virginia State Sources
| Type | Source |
|---|---|
| Summary | https://lis.virginia.gov/cgi-bin/legp604.exe?081+sum+HB1111 |
