VA SB1087 | 2011 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 11 2011 - 25% progression, died in chamber
Action: 2011-02-02 - Senate: Incorporated by Finance (SB1232-Deeds) (14-Y 0-N)
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 11 2011 - 25% progression, died in chamber
Action: 2011-02-02 - Senate: Incorporated by Finance (SB1232-Deeds) (14-Y 0-N)
Text: Latest bill text (Introduced) [HTML]
Summary
Transfers of land preservation tax credits. Requires the use of a licensed transfer agent to transfer a land preservation tax credit to a taxpayer who is not an individual. Transfer agents would be licensed by the Department of Taxation. The bill provides licensing requirements for transfer agents. The bill allows the Tax Commissioner to revoke or suspend the license of, or impose a monetary penalty upon, any transfer agent who repeatedly transfers land preservation tax credits that are subsequently disallowed in whole or in part by the Department. This bill was incorporated into
Title
Land preservation tax credits; requires use of licensed transfer agent to transfer to taxpayer.
Sponsors
Roll Calls
2011-02-02 - Senate - Senate: Incorporated by Finance (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2011-02-02 | Senate: Incorporated by Finance (SB1232-Deeds) (14-Y 0-N) | |
2011-01-11 | Senate: Referred to Committee on Finance | |
2011-01-11 | Senate: Prefiled and ordered printed; offered 01/12/11 11101302D |