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2008 SESSION

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HB 1539 Income tax, state; tax credit for certain biodiesel fuels producers in State.

Introduced by: Brian J. Moran | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Income tax; biodiesel fuels producers income tax credit. Allows an income tax credit to biodiesel fuels producers in Virginia who produce at least one million gallons of biodiesel fuels a year. The amount of the credit is $0.01 per gallon annually for taxable years beginning on January 1, 2008, and ending December 31, 2015. Any unused credit may be transferred for use by another taxpayer. This bill was incorporated into HB 139.


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