Legislation

Title: Sustainable Communities Tax Credit - Alteration and Extension
Sponsored by: Delegate Walker (By Request - Tax Credit Evaluation Committee)
Status: In the House - Hearing 3/04 at 1:00 p.m.
Analysis: Fiscal and Policy Note

Synopsis

Altering the definition of "qualified rehabilitation expenditure", for purposes of the sustainable communities tax credit, to exclude any amounts funded by federal grants; repealing the requirement that the competitive award process for the award of initial credit certificates favor underrepresented jurisdictions; extending the termination of the sustainable communities tax credit from July 1, 2017, to July 1, 2022; etc.

Committees

Original:: Ways and Means Click to view Recorded Media

Details

Cross-filed with: SB0759

Bill File Type: Regular

Effective Date(s): June 1, 2016

History

Legislation History
Chamber House Calendar Date 2/09/2016 Legislative Date 2/10/2016 Action First Reading Ways and Means Proceedings
Chamber House Calendar Date 2/10/2016 Legislative Date 2/10/2016 Action Hearing 3/04 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/09/2016	2/10/2016	First Reading Ways and Means
House	2/10/2016	2/10/2016	Hearing 3/04 at 1:00 p.m.

Documents

Date Posted	Document Name
2/10/2016	Text - First - Sustainable Communities Tax Credit - Alteration and Extension

File Code

Subjects

Statutes