Legislation

Allowing a credit against the State income tax for the total installed costs of specified energy storage systems installed on or after January 1, 2016, but before January 1, 2021; providing that the credit may not exceed a specified amount; providing that the credit may not be carried forward to another taxable year; requiring a taxpayer claiming the credit to attach proof of the total installed costs to the taxpayer's return; applying the Act to taxable years beginning after December 31, 2015; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Details

Cross-filed with: SB0834

Bill File Type: Regular

Effective Date(s): July 1, 2016

History

Legislation History
Chamber House Calendar Date 1/27/2016 Legislative Date 1/28/2016 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 2/10/2016 Legislative Date 2/10/2016 Action Hearing 2/24 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	1/27/2016	1/28/2016	First Reading Ways and Means
House	2/10/2016	2/10/2016	Hearing 2/24 at 1:00 p.m.

Documents

Date Posted	Document Name
1/28/2016	Text - First - Income Tax Credit - Energy Storage Systems

File Code

Subjects

Statutes