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SB963

Land preservation tax credit; per taxpayer limitation.

Status:
Enacted

Chief Patron:
Emmett Hanger (R)

Session:
2017 Regular Session

Summary

As Introduced. Land preservation tax credit; per taxpayer limitation.

Extends to taxable year 2017 the $20,000 limit on the amount that a taxpayer may claim per year under the land preservation tax credit. The bill retains the $50,000 limit for each subsequent taxable year.
  • Bill History

  • 01/03/2017 - Senate: Prefiled and ordered printed; offered 01/11/17 17101770D
  • 01/03/2017 - Senate: Referred to Committee on Finance
  • 02/01/2017 - Senate: Reported from Finance (16-Y 0-N)
  • 02/02/2017 - Senate: Constitutional reading dispensed (40-Y 0-N)
  • 02/03/2017 - Senate: Read second time and engrossed
  • 02/03/2017 - Senate: Constitutional reading dispensed (40-Y 0-N)
  • 02/03/2017 - Senate: Passed Senate (40-Y 0-N)
  • 02/08/2017 - House: Placed on Calendar
  • 02/08/2017 - House: Read first time
  • 02/08/2017 - House: Referred to Committee on Finance
  • 02/09/2017 - House: Assigned Finance sub: Subcommittee #3
  • 02/09/2017 - Senate: Impact statement from TAX (SB963)
  • 02/10/2017 - House: Subcommittee recommends reporting (4-Y 0-N)
  • 02/13/2017 - House: Reported from Finance (16-Y 6-N)
  • 02/14/2017 - House: Read second time
  • 02/15/2017 - House: Read third time
  • 02/15/2017 - House: Passed House (86-y 12-N)
  • 02/15/2017 - House: VOTE: PASSAGE (86-Y 12-N)
  • 02/17/2017 - Senate: Enrolled
  • 02/17/2017 - Senate: Bill text as passed Senate and House (SB963ER)
  • 02/17/2017 - House: Signed by Speaker
  • 02/20/2017 - Senate: Signed by President
  • 02/21/2017 - Senate: Enrolled Bill Communicated to Governor on 2/21/17
  • 02/21/2017 - Governor: Governor's Action Deadline Midnight, March 27, 2017
  • 02/21/2017 - Senate: Impact statement from TAX (SB963ER)
  • 03/13/2017 - Governor: Approved by Governor-Chapter 424 (effective 7/1/17)
  • 03/13/2017 - Governor: Acts of Assembly Chapter text (CHAP0424)