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2019 SESSION

• | print version

HB 2483 Income tax, state; credit for donation to public access authority.

Introduced by: M. Keith Hodges | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Income tax credit for donation to public access authority. Establishes for taxable years 2019 through 2023 a nonrefundable income tax credit in the amount of 40 percent of a donation to a public access authority. A credit would be allowed only for a donation to a public access authority that owns an aggregate of at least 200 acres of real property located on a waterfront and available for use by the general public The amount of credit claimed per year shall not exceed $20,000, but unused credit may be carried forward for three years. The aggregate amount of available credits is limited to $5 million per year.

FULL TEXT

• 01/09/19  House: Prefiled and ordered printed; offered 01/09/19 19100323D  pdf | impact statement

HISTORY

• 01/09/19  House: Prefiled and ordered printed; offered 01/09/19 19100323D
• 01/09/19  House: Referred to Committee on Finance
• 01/15/19  House: Assigned Finance sub: Subcommittee #1
• 01/23/19  House: Subcommittee recommends striking from docket (8-Y 0-N)
• 02/05/19  House: Left in Finance