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2009 SESSION
SB 259 Land preservation tax credit; elimination of verification of conservation value.
Introduced by: R. Creigh Deeds | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Land preservation tax credit; elimination of verification of conservation value. Eliminates Department of Conservation and Recreation verification of conservation value of land donations resulting in $1 million or more in tax credits if the grantee for the donation is the Virginia Outdoors Foundation. Currently, as a condition of the issuance of a land preservation tax credit, the Department must verify the conservation value of donations that will result in $1 million or more in tax credits.
FULL TEXT
HISTORY
- 01/08/08 Senate: Prefiled and ordered printed; offered 01/09/08 082871220
- 01/08/08 Senate: Referred to Committee on Finance
- 01/30/08 Senate: Continued to 2009 in Finance (16-Y 0-N)
- 12/05/08 Senate: Left in Finance