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2016 SESSION

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HB 917 Neighborhood Assistance Act; reduces tax credit.

Introduced by: T. Montgomery "Monty" Mason | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Neighborhood assistance tax credits. Reduces the amount of the tax credit from 65 percent of the value of donations to neighborhood organizations for taxable years 2012 through 2016 to (i) 60 percent for taxable year 2017, (ii) 55 percent for taxable year 2018, and (iii) 50 percent for taxable year 2019 and taxable years thereafter.

FULL TEXT

• 01/12/16  House: Prefiled and ordered printed; offered 01/13/16 16101119D  pdf | impact statement

HISTORY

• 01/12/16  House: Prefiled and ordered printed; offered 01/13/16 16101119D
• 01/12/16  House: Referred to Committee on Finance
• 01/19/16  House: Assigned Finance sub: Subcommittee #1
• 01/20/16  House: Subcommittee recommends laying on the table by voice vote
• 02/17/16  House: Left in Finance