2007 Regular Session

HOUSE BILL 975

File Code: Taxes - Income
Sponsored By:
Delegate Ross
Entitled:
Income Tax - Community Assistance Program Tax Credit

Synopsis:

Increasing from $2 million to $2.5 million the maximum total contributions that may be approved as eligible for Neighborhood and Community Assistance Program tax credit for any fiscal year; and applying the Act to fiscal years beginning after July 1, 2007.

History by Legislative and Calendar Date

House Action
2/9
First Reading Ways and Means
2/14
Hearing 3/15 at 1:00 p.m.
Senate Action
No Action

Bill indexed under the following Subjects:

Community Facilities and Services
Gifts
Income Tax
Tax Credits -see also- Circuit Breaker

Bill affects the following Statutes:

Housing and Community Development
( 6-404 , 6-405 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal and Policy Note (Displayed in PDF Format): Available
Amendments: None offered