SB0848 (CH0614)

Find a 2018 Bill:

2018 Regular Session



Income Tax Credit - Wineries and Vineyards - Procedures to Claim Credit and Sunset Extension

Sponsored by:

Senator Serafini


Approved by the Governor - Chapter 614

Synopsis:Altering the method by which an individual or a corporation may claim a credit against the State income tax for certain expenses related to certain wineries and vineyards in the State; extending for 3 years a certain termination provision for the credit; applying the Act to all credits certified after December 31, 2017; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Senator Serafini
Additional Facts:Bill File Type: Regular
Effective Date(s): June 1, 2018
Budget and Taxation  View Committee HearingWays and Means  View Committee Hearing
Broad Subject(s):Taxes - Income
Narrow Subject(s):Agriculture -see also- Farmland
Alcoholic Beverages -see also- AB-By Subd; Subst Abuse; etc.
Equipment -see also- Motor Vehicle Equipment
Income Tax
Tax Credits
Statutes:Article - Chapter of the Acts
Article - Tax - General

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Legislative Lingo

Explanation of Floor Motions and Actions

May 18, 2018 4:02 P.M.