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- Subject Index: Since 1995
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Developed and maintained by the Division of Legislative Automated Systems.
2000 SESSION
HB 1306 Income tax credits; forested buffers for waterways.
Introduced by: Robert S. Bloxom | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Income tax credits; forested buffers for waterways. Provides a nonrefundable income tax credit to an individual or corporation who owns land abutting a waterway on which timber is harvested, and who forbears harvesting timber on certain portions of the land near the waterway for 15 years. The amount of the credit is equal to 25 percent of the value of the timber in the forest retained as a buffer, up to $17,500. The State Forester is directed to develop guidelines and to certify individual plans of qualifying taxpayers. There is a recapture provision if the timber is harvested before the end of the 15 year period.
FULL TEXT
- 01/24/00 House: Presented & ordered printed 008630644 pdf
- 02/14/00 House: Committee substitute printed 002849644-H1 pdf
- 02/23/00 Senate: Committee substitute printed 008459644-S1 pdf
- 03/14/00 House: Bill text as passed House and Senate (HB1306ER) pdf
- 04/21/00 Governor: Acts of Assembly Chapter text (CHAP0607) pdf
HISTORY
- 01/24/00 House: Presented & ordered printed 008630644
- 01/24/00 House: Referred to Committee on Finance
- 01/26/00 House: Assigned to Finance sub-committee: 2
- 02/13/00 House: Reported from Finance with sub (23-Y 0-N)
- 02/13/00 House: Read first time
- 02/14/00 House: Committee substitute printed 002849644-H1
- 02/14/00 House: Constitutional reading dispensed
- 02/15/00 House: Committee substitute agreed to 002849644-H1
- 02/15/00 House: Engrossed by House - com. sub. 002849644-H1
- 02/15/00 House: Read third time and passed House (99-Y 0-N)
- 02/15/00 House: VOTE: PASSAGE (99-Y 0-N)
- 02/15/00 House: Communicated to Senate
- 02/17/00 Senate: Constitutional reading dispensed
- 02/17/00 Senate: Referred to Committee on Finance
- 02/23/00 Senate: Reported from Finance with substitute (16-Y 0-N)
- 02/23/00 Senate: Committee substitute printed 008459644-S1
- 02/24/00 Senate: Const. reading disp., passed by for the day (39-Y 0-N)
- 02/24/00 Senate: VOTE: CONST. RDG. DISPENSED R (39-Y 0-N)
- 02/25/00 Senate: Passed by for the day
- 02/28/00 Senate: Passed by for the day
- 02/29/00 Senate: Read third time
- 02/29/00 Senate: Reading of substitute waived
- 02/29/00 Senate: Committee substitute agreed to 008459644-S1
- 02/29/00 Senate: Engrossed by Senate - comm. sub. 008459644-S1
- 02/29/00 Senate: Passed Senate with substitute (39-Y 0-N)
- 02/29/00 Senate: VOTE: PASSAGE R (39-Y 0-N)
- 03/01/00 House: Placed on Calendar
- 03/01/00 House: Senate substitute agreed to by House (97-Y 0-N)
- 03/01/00 House: VOTE: ADOPTION (97-Y 0-N)
- 03/14/00 House: Bill text as passed House and Senate (HB1306ER)
- 03/16/00 House: Enrolled
- 03/16/00 House: Signed by Speaker
- 03/17/00 Senate: Signed by President
- 04/07/00 Governor: Approved by Governor-Chapter 607 (effective 7/1/00)
- 04/21/00 Governor: Acts of Assembly Chapter text (CHAP0607)