File Code: Taxes - Income
- Sponsored By:
-
Delegates Finifter, Bartlett, Bohanan, Cadden, Conroy, Cryor, C.
Davis, Greenip, McKee, Morhaim, Phillips, Ports, Rosso, and Zirkin
- Entitled:
-
Income Tax Credit - Ground Source Heat Pumps
Allowing a credit against the State income tax for 10% of the total
installed costs of a ground source heat pump placed in service during
the taxable year, subject to a maximum credit of $500 for each ground
source heat pump; limiting the credit to the State income tax for the
taxable year; and applying the Act to tax years after 2001.
House Action
- 2/4
- First Reading Ways and Means
- 2/6
- Hearing 2/27 at 1:00 p.m.
- 3/23
- Favorable with Amendments Report by Ways and Means
- Favorable with Amendments Report Adopted
- Second Reading Passed with Amendments
- 3/24
- Third Reading Passed (133-0)
Senate Action
- 3/26
- First Reading Budget and Taxation
- Hearing 4/2 at 1:30 p.m.
- Sponsored by:
- Delegate Michael J. Finifter, District 11
- Delegate Joseph R. Bartlett, District 3
- Delegate John L. Bohanan, Jr., District 29B
- Delegate Joan Cadden, District 31
- Delegate Mary A. Conroy, District 23
- Delegate Jean B. Cryor, District 15
- Delegate Clarence Davis, District 45
- Delegate Janet Greenip, District 33
- Delegate Robert A. McKee, District 2A
- Delegate Dan K. Morhaim, District 11
- Delegate Wendell F. Phillips, District 41
- Delegate James F. Ports, Jr., District 8
- Delegate Mary M. Rosso, District 31
- Delegate Robert A. Zirkin, District 11
- Bill indexed under the following Subjects:
- EQUIPMENT -see also- MOTOR VEHICLE EQUIPMENT
- HEATING AND COOLING
- INCOME TAX
- TAX CREDITS -see also- CIRCUIT BREAKER
- Bill affects the following Statute:
- Tax - General
- (
10-724
)
- Bill Text:
First Reading (PDF),
Third Reading (PDF), Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
- House
- Number: 335963/1 (PDF) Offered on: March 23, 2002 at:
11:55 a.m. Status: Adopted
- Roll Call Vote (Legislative date is shown):
- House
- March 24, 2002: Third Reading Passed (133-0)