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2013 SESSION
SB 505 Combined heat and power facilities; incentives.
Introduced by: Frank W. Wagner | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Combined heat and power facilities; incentives. Provides that combined heat and power facilities that meet the output and efficiency qualifications for the federal combined heat and power tax credit are eligible for a performance incentive of 200 basis points for the first portion of service life. Such combined heat and power facilities are declared to be certified pollution control equipment and facilities, which are exempt from state and local taxation pursuant to Article X, Section 6 (d) of the Constitution of Virginia.
FULL TEXT
HISTORY
- 01/11/12 Senate: Prefiled and ordered printed; offered 01/11/12 12100408D
- 01/11/12 Senate: Referred to Committee on Commerce and Labor
- 01/30/12 Senate: Continued to 2013 in Commerce and Labor (16-Y 0-N)
- 11/30/12 Senate: Left in Commerce and Labor