2011 Regular Session

HOUSE BILL 527

File Code: Taxes - Income Prior Year Introduction As: HB 1449/06 - W&M
Sponsored By:
Delegates Hogan, Boteler, Bromwell, Eckardt, George, Hough, Kaiser, McDermott, McIntosh, McMillan, Minnick, Myers, B. Robinson, Rosenberg, Schulz, Stocksdale, and Wilson
Entitled:
Lead Safe Income Tax Credit

Synopsis:

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 $1,000,000 the total amount of credits that the Department may approve for any fiscal year; applying the Act to tax years beginning after December 31, 2010; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
House Action
2/7
First Reading Ways and Means
2/16
Hearing 3/3 at 1:00 p.m.
Senate Action
No Action

Sponsored by:

Delegate Patrick N. Hogan, District 3A
Delegate Joseph C. Boteler, III, District 8
Delegate Eric M. Bromwell, District 8
Delegate Adelaide C. Eckardt, District 37B
Delegate Ron George, District 30
Delegate Michael J. Hough, District 3B
Delegate Anne R. Kaiser, District 14
Delegate Michael A. McDermott, District 38B
Delegate Maggie McIntosh, District 43
Delegate Herb McMillan, District 30
Delegate Joseph J. Minnick, District 6
Delegate LeRoy E. Myers, Jr., District 1C
Delegate Barbara Robinson, District 40
Delegate Samuel I. Rosenberg, District 41
Delegate Kelly Schulz, District 4A
Delegate Nancy R. Stocksdale, District 5A
Delegate C. T. Wilson, District 28

Bill indexed under the following Subjects:

Child Care
Community Facilities and Services
Crimes and Punishments -see also- Penalties and Sentnc; etc.
Elderly Persons
Environmental Matters -see also- Conserv; Nat Resrce; Pollut
Hazardous and Toxic Substances -see also- Asbestos; Radiatn.
Housing and Community Development, Department of
Housing -see also- Apartments; Condominiums; Mobile Homes
Income Tax
Inspections -see also- Motor Vehicle Inspection
Laboratories
Penalties and Sentences -see also- Death Penalty
Rules and Regulations
Tax Credits -see also- Circuit Breaker

Bill affects the following Statute:

Tax - General
( 10-729 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments: None offered