VA HB197 | 2024 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 3 2024 - 25% progression
Action: 2024-02-13 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Tax credit; solar energy equipment. Establishes a nonrefundable income tax credit for taxable years 2024 through 2028 for individuals who incur allowable expenses, as defined in the bill, for the purchase and installation of solar energy equipment, as defined in the bill. An individual who properly claims this credit shall be allowed a credit in the amount of up to 15 percent of the cost of such equipment and allowable expenses, up to $1,000.

Tracking Information

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Title

Solar energy equipment; establishes a nonrefundable income-tax credit.

Sponsors


History

DateChamberAction
2024-02-13HouseLeft in Finance
2024-02-02HouseAssigned Finance sub: Subcommittee #1
2024-01-03HouseReferred to Committee on Finance
2024-01-03HousePrefiled and ordered printed; offered 01/10/24 24100638D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
581339.15(n/a)See Bill Text

Virginia State Sources


Bill Comments

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