Legislation

Allowing a record owner of a certain new dwelling to claim a credit against the State income tax in an amount equal to $1.25 for each square foot of the new dwelling if a certain automatic fire sprinkler system is installed in the new dwelling; requiring the State Fire Marshal to approve applications for the credit in a certain manner; limiting the total amount of credits that may be approved to $1,000,000 in any taxable year; applying the Act to taxable years beginning after December 31, 2018; etc.

Committees

Original:: Ways and Means

Details

Introduced in a prior session as: HB1143 Session: 2016 Regular Session

Bill File Type: Regular

Effective Date(s): July 1, 2019

History

Legislation History
Chamber House Calendar Date 2/08/2019 Legislative Date 2/08/2019 Action First Reading Ways and Means Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax Credit - New Dwellings - Automatic Fire Sprinkler Systems Proceedings
Chamber House Calendar Date 2/12/2019 Legislative Date 2/12/2019 Action Hearing 3/08 at 1:00 p.m. Proceedings
Chamber House Calendar Date 3/06/2019 Legislative Date 3/06/2019 Action Hearing canceled Proceedings
Chamber Calendar Date Legislative Date Action Vote - House - Committee - Ways and Means Proceedings Click to view Recorded Media
Chamber House Calendar Date 3/07/2019 Legislative Date 3/07/2019 Action Withdrawn by Sponsor Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
House	2/08/2019	2/08/2019	First Reading Ways and Means
			Text - First - Income Tax Credit - New Dwellings - Automatic Fire Sprinkler Systems
House	2/12/2019	2/12/2019	Hearing 3/08 at 1:00 p.m.
House	3/06/2019	3/06/2019	Hearing canceled
			Vote - House - Committee - Ways and Means	Click to view Recorded Media
House	3/07/2019	3/07/2019	Withdrawn by Sponsor

File Code

Subjects

Statutes