Legislation

Altering specified provisions of law concerning a credit against the State income tax for specified preservation and conservation easements to allow an individual or a member of a pass-through entity to claim the credit for an easement conveyed to the Department of Natural Resources or specified organizations; requiring the Board of Public Works to approve tax credits on a first-come, first served basis; providing that the total amount of tax credits claimed by members of pass-through entities cannot exceed $200,000 per taxable year; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Opposite:: Ways and Means Click to view Recorded Media

Details

Cross-filed with: HB0276

Introduced in a prior session as: SB0615 Session: 2015 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2016

History

Legislation History
Chamber Senate Calendar Date 1/14/2016 Legislative Date 1/15/2016 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 1/20/2016 Legislative Date 1/20/2016 Action Hearing 2/03 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 1/27/2016 Legislative Date 1/27/2016 Action Hearing cancelled Proceedings
Chamber Senate Calendar Date 1/27/2016 Legislative Date 1/27/2016 Action Hearing 2/03 at 2:00 p.m. Proceedings
Chamber Senate Calendar Date 2/08/2016 Legislative Date 2/08/2016 Action Favorable Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 2/09/2016 Legislative Date 2/09/2016 Action Favorable Report Adopted Proceedings 19
Chamber Senate Calendar Date 2/09/2016 Legislative Date 2/09/2016 Action Second Reading Passed Proceedings 19
Chamber Senate Calendar Date 2/11/2016 Legislative Date 2/11/2016 Action Third Reading Passed (47-0) Proceedings 21
Chamber House Calendar Date 2/12/2016 Legislative Date 2/12/2016 Action First Reading Ways and Means Proceedings 23
Chamber House Calendar Date 3/10/2016 Legislative Date 3/10/2016 Action Hearing 3/29 at 1:00 p.m. Proceedings
Chamber House Calendar Date 4/05/2016 Legislative Date 4/06/2016 Action Favorable with Amendments Report by Ways and Means Proceedings
Chamber House Calendar Date 4/06/2016 Legislative Date 3/30/2016 Action Favorable with Amendments {555868/1 Report Adopted Proceedings 62
Chamber House Calendar Date 4/06/2016 Legislative Date 3/30/2016 Action Second Reading Passed with Amendments Proceedings 62
Chamber House Calendar Date 4/07/2016 Legislative Date 4/01/2016 Action Third Reading Passed with Amendments (137-0) Proceedings 64
Chamber Senate Calendar Date 4/09/2016 Legislative Date 4/03/2016 Action Senate Concur - House Amendments Proceedings 63
Chamber Senate Calendar Date 4/09/2016 Legislative Date 4/03/2016 Action Third Reading Passed (44-0) Proceedings 63
Chamber Senate Calendar Date 4/09/2016 Legislative Date 4/03/2016 Action Passed Enrolled Proceedings 63
Chamber Post Passage Calendar Date 5/10/2016 Legislative Date 5/10/2016 Action Approved by the Governor - Chapter 351 Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	1/14/2016	1/15/2016	First Reading Budget and Taxation
Senate	1/20/2016	1/20/2016	Hearing 2/03 at 1:00 p.m.
Senate	1/27/2016	1/27/2016	Hearing cancelled
Senate	1/27/2016	1/27/2016	Hearing 2/03 at 2:00 p.m.
Senate	2/08/2016	2/08/2016	Favorable Report by Budget and Taxation
Senate	2/09/2016	2/09/2016	Favorable Report Adopted	19
Senate	2/09/2016	2/09/2016	Second Reading Passed	19
Senate	2/11/2016	2/11/2016	Third Reading Passed (47-0)	21
House	2/12/2016	2/12/2016	First Reading Ways and Means	23
House	3/10/2016	3/10/2016	Hearing 3/29 at 1:00 p.m.
House	4/05/2016	4/06/2016	Favorable with Amendments Report by Ways and Means
House	4/06/2016	3/30/2016	Favorable with Amendments {555868/1 Report Adopted	62
House	4/06/2016	3/30/2016	Second Reading Passed with Amendments	62
House	4/07/2016	4/01/2016	Third Reading Passed with Amendments (137-0)	64
Senate	4/09/2016	4/03/2016	Senate Concur - House Amendments	63
Senate	4/09/2016	4/03/2016	Third Reading Passed (44-0)	63
Senate	4/09/2016	4/03/2016	Passed Enrolled	63
Post Passage	5/10/2016	5/10/2016	Approved by the Governor - Chapter 351

Documents

Date Posted	Document Name
4/06/2016	Amendments House - (Ways and Means) {555868/01 Adopted
1/15/2016	Text - First - Income Tax Credit - Preservation and Conservation Easements
2/09/2016	Text - Third - Income Tax Credit - Preservation and Conservation Easements
4/12/2016	Text - Enrolled - Income Tax Credit - Preservation and Conservation Easements
5/18/2016	Text - Chapter - Income Tax Credit - Preservation and Conservation Easements
2/08/2016	Vote - Senate - Committee - Budget and Taxation
4/06/2016	Vote - House - Committee - Ways and Means
2/11/2016	Vote - Senate Floor - Third Reading Passed (47-0) - 02/11/16
4/03/2016	Vote - Senate Floor - Third Reading Passed (44-0) - 04/03/16
4/01/2016	Vote - House Floor - Third Reading Passed (137-0) - 04/01/16

File Code

Subjects

Statutes