VA SB678 | 2011 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 22 2010 - 25% progression, died in committee
Action: 2010-12-02 - House: Left in Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 22 2010 - 25% progression, died in committee
Action: 2010-12-02 - House: Left in Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Income tax credits; electric energy facility producing electricity primarily from agricultural livestock waste nutrients. Establishes individual and corporate income tax credits for energy property under §48 (a) of the U.S. Internal Revenue Code of 1986, as amended, that is (i) placed in service in the Commonwealth on or after January 1, 2010, and (ii) part of an electric energy facility producing electricity primarily from agricultural livestock waste nutrients. The amount of the credit would be equal to the amount of the energy credit allowed for the taxable year under §48 of the U.S. Internal Revenue Code of 1986, as amended, for placing such energy property in service.
Title
Income tax; credit for electric energy facility producing electricity from livestock waste nutrient.
Sponsors
Roll Calls
2010-02-09 - Senate - Senate: Read third time and passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2010-02-04 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2010-02-03 - Senate - Senate: Reported from Finance (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2010-02-04 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2010-02-03 - Senate - Senate: Reported from Finance (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2010-12-02 | House: Left in Appropriations | |
2010-03-01 | House: Continued to 2011 in Appropriations by voice vote | |
2010-03-01 | House: Subcommittee recommends continuing to 2011 by voice vote | |
2010-02-26 | House: Subcommittee recommends no action by voice vote | |
2010-02-23 | House: Assigned App. sub: Economic Development, Agriculture and Natural Resources | |
2010-02-17 | House: Referred to Committee on Appropriations | |
2010-02-17 | House: Read first time | |
2010-02-17 | House: Placed on Calendar | |
2010-02-09 | Senate: Read third time and passed Senate (40-Y 0-N) | |
2010-02-08 | Senate: Read second time and engrossed | |
2010-02-04 | Senate: Constitutional reading dispensed (40-Y 0-N) | |
2010-02-03 | Senate: Reported from Finance (15-Y 0-N) | |
2010-01-22 | Senate: Referred to Committee on Finance | |
2010-01-22 | Senate: Presented and ordered printed 10104298D |
Subjects
Agriculture, Horticulture, and Food
Corporations
Energy Conservation and Resources
Income Tax
Public Service Companies
Taxation
Corporations
Energy Conservation and Resources
Income Tax
Public Service Companies
Taxation