SB0484 (CH0278)

2013 Regular Session



Income Tax Credit - Oyster Shell Recycling

Sponsored by:

Senator Dyson


Approved by the Governor - Chapter 278

Synopsis:Allowing an individual or corporation a $1 credit against the State income tax for each bushel of oyster shells recycled during the taxable year; providing that the credit may not exceed $750 during a taxable year; requiring the Department of Natural Resources and the Comptroller jointly to adopt regulations to authorize businesses, landfills, and nonprofit organizations to verify the amount of oyster shells recycled by each individual or corporation; etc.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Senators Dyson, Astle, Colburn, Conway, Jacobs, Madaleno, Manno, Pinsky, Pipkin, and Simonaire
Additional Facts:Cross-filed with: HB0184
Bill File Type: Regular
Effective Date(s): July 1, 2013
Budget and Taxation  Listen to Committee HearingWays and Means  View Committee Hearing
Broad Subject(s):Taxes - Income
Narrow Subject(s):Commerce and Business -see also- Dealers; Elec. Comm.; etc.
Corporations -see also- Municipal Corps; Public Corps & Inst
Income Tax
Natural Resources, Department of
Nonprofit Organizations
Refuse Disposal -see also- Recycling
Rules and Regulations
Tax Credits -see also- Circuit Breaker
Statutes:Article - Tax - General

How a Bill Becomes Law

Legislative Lingo

Explanation of Floor Motions and Actions

October 2, 2015 9:12 A.M.