VA SB641 | 2008 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 9 2008 - 25% progression, died in chamber
Action: 2008-01-23 - Senate: Continued to 2009 in Finance (16-Y 0-N)
Status: Introduced on January 9 2008 - 25% progression, died in chamber
Action: 2008-01-23 - Senate: Continued to 2009 in Finance (16-Y 0-N)
Summary
Land preservation tax credit; conveyance for public parks, recreational areas, or trails. Provides that the land preservation tax credit would equal 60 percent of the fair market value of any land that is conveyed for the purpose of a public park, public recreational facility, or public trail access easement. The board of supervisors of the county or the council of the city in which such land is located would be required to pass a duly adopted resolution that states (i) its approval of the conveyance, and (ii) that the conveyance is in accordance with the comprehensive plan in effect for the county or city.
Title
Land preservation tax credit; conveyance for public parks, recreational areas, or trails.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2008-01-23 | Senate: Continued to 2009 in Finance (16-Y 0-N) | |
2008-01-09 | Senate: Referred to Committee on Finance | |
2008-01-09 | Senate: Prefiled and ordered printed; offered 01/09/08 081197336 |
Subjects
Virginia State Sources
Type | Source |
---|---|
Summary | https://lis.virginia.gov/cgi-bin/legp604.exe?081+sum+SB641 |