Legislation

Allowing a record owner of a specified new dwelling in a specified county to claim a credit against the State income tax in an amount equal to $1.25 for each square foot of the new dwelling if a specified automatic fire sprinkler system is installed in the new dwelling; requiring the Office of the State Fire Marshal to approve applications for the credit; providing that the Office may not approve a credit in a taxable year beginning after December 31, 2018; limiting the total amount of credits to $1,000,000 in any taxable year; etc.

Committees

Original:: Budget and Taxation

Opposite:: Ways and Means

Details

Cross-filed with: HB1143

Bill File Type: Regular

Effective Date(s): July 1, 2016

History

Legislation History
Chamber Senate Calendar Date 2/08/2016 Legislative Date 2/05/2016 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 2/10/2016 Legislative Date 2/10/2016 Action Hearing 3/09 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 4/04/2016 Legislative Date 4/05/2016 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 4/05/2016 Legislative Date 3/30/2016 Action Favorable with Amendments {719030/1 Report Adopted Proceedings 59
Chamber Senate Calendar Date 4/05/2016 Legislative Date 3/30/2016 Action Second Reading Passed with Amendments Proceedings 59
Chamber Senate Calendar Date 4/06/2016 Legislative Date 3/31/2016 Action Third Reading Passed (46-0) Proceedings 60
Chamber House Calendar Date 4/07/2016 Legislative Date 3/31/2016 Action First Reading House Rules and Executive Nominations Proceedings 63
Chamber House Calendar Date 4/09/2016 Legislative Date 4/09/2016 Action Rereferred to Ways and Means Proceedings
Chamber House Calendar Date 4/09/2016 Legislative Date 4/09/2016 Action Hearing 4/11 at 9:00 a.m. Proceedings
Chamber House Calendar Date 4/11/2016 Legislative Date 4/11/2016 Action Favorable with Amendments Report by Ways and Means Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	2/08/2016	2/05/2016	First Reading Budget and Taxation
Senate	2/10/2016	2/10/2016	Hearing 3/09 at 1:00 p.m.
Senate	4/04/2016	4/05/2016	Favorable with Amendments Report by Budget and Taxation
Senate	4/05/2016	3/30/2016	Favorable with Amendments {719030/1 Report Adopted	59
Senate	4/05/2016	3/30/2016	Second Reading Passed with Amendments	59
Senate	4/06/2016	3/31/2016	Third Reading Passed (46-0)	60
House	4/07/2016	3/31/2016	First Reading House Rules and Executive Nominations	63
House	4/09/2016	4/09/2016	Rereferred to Ways and Means
House	4/09/2016	4/09/2016	Hearing 4/11 at 9:00 a.m.
House	4/11/2016	4/11/2016	Favorable with Amendments Report by Ways and Means

Documents

Date Posted	Document Name
4/05/2016	Amendments Senate - (Budget and Taxation) {719030/01 Adopted
2/09/2016	Text - First - Income Tax Credit - New Dwellings - Automatic Fire Sprinkler Systems
4/05/2016	Text - Third - Income Tax Credit - New Dwellings - Automatic Fire Sprinkler Systems
4/05/2016	Vote - Senate - Committee - Budget and Taxation
4/11/2016	Vote - House - Committee - Ways and Means
3/31/2016	Vote - Senate Floor - Third Reading Passed (46-0) - 03/31/16

File Code

Subjects

Statutes