VA SB505 | 2012 | Regular Session

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 11 2012 - 25% progression, died in chamber
Action: 2012-01-30 - Senate: Continued to 2013 in Commerce and Labor (16-Y 0-N)
Text: Latest bill text (Prefiled) [HTML]

Summary

Combined heat and power facilities; incentives. Provides that combined heat and power facilities that meet the output and efficiency qualifications for the federal combined heat and power tax credit are eligible for a performance incentive of 200 basis points for the first portion of service life. Such combined heat and power facilities are declared to be certified pollution control equipment and facilities, which are exempt from state and local taxation pursuant to Article X, Section 6 (d) of the Constitution of Virginia.

Tracking Information

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Title

Combined heat and power facilities; incentives.

Sponsors


Roll Calls

2012-01-30 - Senate - Senate: Continued to 2013 in Commerce and Labor (16-Y 0-N) (Y: 16 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2012-01-30 Senate: Continued to 2013 in Commerce and Labor (16-Y 0-N)
2012-01-11 Senate: Referred to Committee on Commerce and Labor
2012-01-11 Senate: Prefiled and ordered printed; offered 01/11/12 12100408D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
5813660(n/a)See Bill Text

Virginia State Sources


Bill Comments

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