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2017 SESSION
SB 1540 Tax credits, certain; aggregate caps.
Introduced by: Glen H. Sturtevant, Jr. | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Certain tax credits; aggregate caps. Reduces the total aggregate caps of the historic rehabilitation tax credit, the research and development expenses tax credit, the major research and development expenses tax credit, and the land preservation tax credit over a period of 10 years, so that no credits are available for any of the credits beginning in 2027.
FULL TEXT
HISTORY
- 01/20/17 Senate: Presented and ordered printed 17103686D
- 01/20/17 Senate: Referred to Committee on Finance
- 01/31/17 Senate: Passed by indefinitely in Finance (16-Y 0-N)