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2001 SESSION

• | print version

SB 1130 Enterprise zone real property investment tax credit.

Introduced by: Henry L. Marsh III | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Enterprise zone real property investment tax credit. Increases the amount of the refundable tax credit to small qualified zone residents in any five-year period from $125,000 to $250,000, provided that at least one-half of the cost of eligible real property improvements made during the five-year period were made in localities that ranked among the top 25 percent of all localities in the Commonwealth in terms of fiscal stress as measured by the rankings of the Commission on Local Government. The bill does not change the maximum amount of tax credits currently made available under the Enterprise Zone Act.

FULL TEXT

• 01/10/01  Senate: Presented & ordered printed, prefiled 01/10/01 018984460  pdf | impact statement

HISTORY

• 01/10/01  Senate: Presented & ordered printed, prefiled 01/10/01 018984460
• 01/10/01  Senate: Referred to Committee on Commerce and Labor
• 01/15/01  Senate: Reported from Commerce and Labor (15-Y 0-N)
• 01/15/01  Senate: Rereferred to Finance
• 02/01/01  Senate: Left in Finance