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2011 SESSION
SB 657 Income tax, corporate; renewable energy products tax credit.
Introduced by: Frank M. Ruff, Jr. | all patrons ... notes | add to my profiles
SUMMARY AS PASSED SENATE: (all summaries)
Income tax; corporate; renewable energy products tax credit. Provides an income tax credit for the manufacture of renewable energy products in Virginia by a facility that begins production of such products no later than January 1, 2012. The credit would equal three percent of the total sales price of such renewable energy products that are exported. The aggregate amount of credit for each fiscal year would not exceed $6 million.
FULL TEXT
- 01/20/10 Senate: Presented and ordered printed 10104137D pdf | impact statement
- 02/03/10 Senate: Committee substitute printed 10105025D-S1 pdf
- 02/09/10 Senate: Printed as engrossed 10105025D-ES1 pdf | impact statement
AMENDMENTS
HISTORY
- 01/20/10 Senate: Presented and ordered printed 10104137D
- 01/20/10 Senate: Referred to Committee on Finance
- 02/03/10 Senate: Committee substitute printed 10105025D-S1
- 02/03/10 Senate: Reported from Finance with substitute (15-Y 0-N)
- 02/04/10 Senate: Constitutional reading dispensed (40-Y 0-N)
- 02/08/10 Senate: Read second time
- 02/08/10 Senate: Passed by for the day
- 02/09/10 Senate: Read second time
- 02/09/10 Senate: Reading of substitute waived
- 02/09/10 Senate: Committee substitute agreed to 10105025D-S1
- 02/09/10 Senate: Reading of amendment waived
- 02/09/10 Senate: Amendment by Senator Ruff agreed to
- 02/09/10 Senate: Engrossed by Senate - committee substitute with amendment SB657ES1
- 02/09/10 Senate: Printed as engrossed 10105025D-ES1
- 02/10/10 Senate: Read third time and passed Senate (40-Y 0-N)
- 02/17/10 House: Placed on Calendar
- 02/17/10 House: Read first time
- 02/17/10 House: Referred to Committee on Appropriations
- 02/23/10 House: Assigned App. sub: Economic Development, Agriculture and Natural Resources
- 02/26/10 House: Subcommittee recommends continuing to 2011 by voice vote
- 03/01/10 House: Continued to 2011 in Appropriations by voice vote
- 12/02/10 House: Left in Appropriations