HB0389

2013 Regular Session

 

Entitled:

Lead Safe Income Tax Credit

Sponsored by:

Delegate Hogan

Status:

In the House - Hearing 2/26 at 1:00 p.m.


Synopsis:Allowing an individual or a corporation to claim a credit against the State income tax for costs incurred for an approved lead hazard reduction project for qualifying property; providing for the calculation of the credit; providing for the submission of proposals for lead hazard reduction projects to the Department of Housing and Community Development for approval; limiting to $1,000,000 the total amount of credits that the Department may approve for any fiscal year; applying the Act to tax years beginning after December 31, 2012; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Delegates Hogan and Beidle
Additional Facts:Introduced in a prior session as: HB0554 Session: 2012 Regular Session
Bill File Type: Regular
Effective Date(s): July 1, 2013
Committee(s):
Ways and Means  View Committee Hearing
Broad Subject(s):Taxes - Income
Narrow Subject(s):Child Care
Community Facilities and Services
Crimes and Punishments -see also- Penalties and Sentnc; etc.
Elderly Persons
Environmental Matters -see also- Conserv; Nat Resrce; Pollut
Hazardous and Toxic Substances -see also- Asbestos; Radiatn
Housing and Community Development, Department of
Housing -see also- Apartments; Condos; Mobile & Manuf Homes
Income Tax
Inspections -see also- Motor Vehicle Inspection
Laboratories
Penalties and Sentences -see also- Death Penalty
Rules and Regulations
Tax Credits -see also- Circuit Breaker
Statutes:Article - Tax - General
(10-733)

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Explanation of Floor Motions and Actions


October 29, 2013 9:22 P.M.