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Legislation


2006 Regular Session

SENATE BILL 1076

CHAPTER NUMBER: 447 File Code: Economic and Community Development Prior Year Introduction As: HB 1204/05 - W&M Crossfiled with: HOUSE BILL 1235
Sponsored By:
Senator Jones
Entitled:
Department of Housing and Community Development - Neighborhood and Community Assistance Program - Community Investment Tax Credit

Synopsis:

Providing that a business entity is entitled to a tax credit for a contribution of real property to an approved project operated by a nonprofit organization under the Neighborhood and Community Assistance Program of the Department of Housing and Community Development; increasing the maximum tax credit allowed to $250,000 for specified contributions; etc.

History by Legislative Date

Senate Action
3/6
First Reading Senate Rules
3/8
Re-referred Budget and Taxation
3/17
Hearing 3/21 at 1:00 p.m.
3/30
Favorable with Amendments Report by Budget and Taxation
3/29
Favorable with Amendments Report Adopted
Second Reading Passed with Amendments
3/30
Third Reading Passed (33-0)
4/8
Returned Passed
House Action
3/31
First Reading Ways and Means
4/3
Hearing 4/6 at 1:00 p.m.
4/8
Favorable Report by Ways and Means
4/4
Favorable Report Adopted
Second Reading Passed
4/6
Third Reading Passed (138-0)
Action after passage in Senate and House
5/16
Signed by the Governor Chapter 447

Bill indexed under the following Subjects:

COMMUNITY DEVELOPMENT
GIFTS
HOUSING AND COMMUNITY DEVELOPMENT, DEPARTMENT OF
REAL PROPERTY
TAX CREDITS -see also- CIRCUIT BREAKER

Bill affects the following Statute:

Housing and Community Development
( 6-404 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments (Displayed in WordPerfect 8 Format):
Senate
Number: 219333/01 (PDF)     Offered on: March 30, 2006   at: 11:39 a.m.     Status: Adopted
Roll Call Votes (Legislative dates are shown):
Senate
March 30, 2006: Third Reading Passed (33-0)
House
April 6, 2006: Third Reading Passed (138-0)
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