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2000 SESSION
HB 1135 Coal Employment and Production Incentive Tax Credit.
Introduced by: Terry G. Kilgore | all patrons ... notes | add to my profiles | history
SUMMARY AS PASSED:
Income tax; Virginia Coal Employment and Production Incentive Tax Credit. Requires taxpayers to consume the Virginia mined coal they purchase in order to earn the credit. The bill is effective January 1, 2001; however, it shall not apply to any contract to purchase coal whose bid closing dates are before the bill is introduced.
SUMMARY AS INTRODUCED:
Income tax; Virginia Coal Employment and Production Incentive Tax Credit. Requires taxpayers to consume the Virginia mined coal they purchase in order to earn the credit. The bill is effective January 1, 2001; however, it shall not apply to any contract to purchase coal whose bid closing dates are before the bill is introduced.