File Code: Taxes - Income
Prior Year Introduction As: HB 1449/06 - W&M
- Sponsored By:
-
Delegates Rosenberg, George, Gilchrist, Holmes, Hucker, Kaiser, N. King,
and Oaks
- Entitled:
-
Lead Safe Income Tax Credit
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 calculation
of the credit; providing for submission of proposals for lead hazard
reduction projects to the Department of Housing and Community
Development for approval; limiting to $3,000,000 the total amount of
credits that the Department may approve for any fiscal year; applying
the Act to tax years beginning after December 31, 2006; etc.
House Action
- 2/9
- First Reading Ways and Means
- 2/13
- Hearing 2/27 at 1:00 p.m.
- 3/23
- Unfavorable Report by Ways and Means
Senate Action
- No Action
Sponsored by:
- Delegate Samuel I. Rosenberg, District 41
- Delegate Ronald A. George, District 30
- Delegate Jim Gilchrist, District 17
- Delegate Marvin E. Holmes, Jr., District 23B
- Delegate Tom Hucker, District 20
- Delegate Anne R. Kaiser, District 14
- Delegate Nancy J. King, District 39
- Delegate Nathaniel T. Oaks, District 41
Bill indexed under the following Subjects:
- Child Care
- Hazardous and Toxic Substances -see also- Asbestos; Radiatn.
- Housing and Community Development, Department of
- Housing -see also- Apartments; Condominiums; Mobile Homes
- Income Tax
- Penalties
- Rules and Regulations
- Tax Credits -see also- Circuit Breaker
Bill affects the following Statute:
- Tax - General
- (
10-726
)
- Bill Text (Displayed in PDF Format):
First Reading,
Third Reading, Enrolled
- Fiscal and Policy Note (Displayed in PDF Format):
Available
- Amendments:
None offered