VA HB1341 | 2011 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 22 2010 - 25% progression, died in committee
Action: 2010-12-03 - House: Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 22 2010 - 25% progression, died in committee
Action: 2010-12-03 - House: Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Income tax credits; electric energy facility producing electricity primarily from agricultural livestock waste nutrients. Establishes individual and corporate income tax credits for energy property under §48 (a) of the U.S. Internal Revenue Code of 1986, as amended, that is (i) placed in service on or January 1, 2010, in any county or city that has a current five-year annual average unemployment rate of at least 11 percent, and (ii) part of an electric energy facility producing electricity primarily from agricultural livestock waste nutrients in such county or city. The amount of the credit would be equal to the amount of the energy credit allowed for the taxable year under §48 of the U.S. Internal Revenue Code of 1986, as amended, for placing such energy property in service.
Title
Income tax; credit for electric energy facility producing electricity from livestock waste nutrient.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2010-12-03 | House: Left in Finance | |
2010-02-10 | House: Continued to 2011 in Finance by voice vote | |
2010-02-09 | House: Subcommittee recommends continuing to 2011 by voice vote | |
2010-01-26 | House: Assigned Finance sub: #3 | |
2010-01-22 | House: Referred to Committee on Finance | |
2010-01-22 | House: Presented and ordered printed 10104172D |
Subjects
Agriculture, Horticulture, and Food
Corporations
Energy Conservation and Resources
Income Tax
Public Service Companies
Taxation
Corporations
Energy Conservation and Resources
Income Tax
Public Service Companies
Taxation
Code Citations
Virginia State Sources
Type | Source |
---|---|
Summary | https://lis.virginia.gov/cgi-bin/legp604.exe?111+sum+HB1341 |
Text | https://lis.virginia.gov/cgi-bin/legp604.exe?111+ful+HB1341+hil |