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ACROSS SESSIONS
- Subject Index: Since 1995
- Bills & Resolutions: Since 1994
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Developed and maintained by the Division of Legislative Automated Systems.
2015 SESSION
HB 1828 Land preservation; tax credit.
Introduced by: R. Lee Ware | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Land preservation tax credit. Makes several changes to the land preservation tax credit by (i) reducing the maximum amount of tax credits that may be issued in each calendar year from $100 million to $75 million beginning in 2015; (ii) with the exception of credits issued for fee simple interest donations, reducing the maximum amount of the land preservation tax credit that may be claimed in any year from $100,000 in taxable year 2014 to $20,000 in taxable years 2015 and 2016 and $50,000 for each taxable year thereafter; (iii) requiring that a complete application for the tax credit with regard to a conveyance be filed with the Department of Taxation by December 31 of the year following the calendar year of the conveyance; and (iv) prohibiting the Department of Taxation from issuing any tax credit for a donation from any allocation or pool of tax credits attributable to a calendar year prior to the year in which the complete tax credit application for the donation was filed. This bill is identical to SB 1019.
FULL TEXT
- 01/13/15 House: Prefiled and ordered printed; offered 01/14/15 15103287D pdf | impact statement
- 02/09/15 House: Printed as engrossed 15103287D-E pdf | impact statement
- 02/17/15 Senate: Committee substitute printed 15105207D-S1 pdf
- 02/23/15 House: Bill text as passed House and Senate (HB1828ER) pdf | impact statement
- 03/17/15 Governor: Acts of Assembly Chapter text (CHAP0235) pdf
AMENDMENTS
HISTORY
- 01/13/15 House: Prefiled and ordered printed; offered 01/14/15 15103287D
- 01/13/15 House: Referred to Committee on Agriculture, Chesapeake and Natural Resources
- 01/27/15 House: Referred from Agriculture, Chesapeake and Natural Resources by voice vote
- 01/27/15 House: Referred to Committee on Finance
- 01/27/15 House: Assigned Finance sub: Subcommittee #2
- 01/28/15 House: Subcommittee recommends reporting (10-Y 0-N)
- 02/04/15 House: Reported from Finance with amendments (18-Y 0-N)
- 02/06/15 House: Read first time
- 02/09/15 House: Read second time
- 02/09/15 House: Committee amendments agreed to
- 02/09/15 House: Engrossed by House as amended HB1828E
- 02/09/15 House: Printed as engrossed 15103287D-E
- 02/10/15 House: Read third time and passed House (96-Y 4-N)
- 02/10/15 House: VOTE: PASSAGE (96-Y 4-N)
- 02/11/15 Senate: Constitutional reading dispensed
- 02/11/15 Senate: Referred to Committee on Finance
- 02/17/15 Senate: Reported from Finance with substitute (13-Y 1-N)
- 02/17/15 Senate: Committee substitute printed 15105207D-S1
- 02/18/15 Senate: Constitutional reading dispensed (38-Y 0-N)
- 02/18/15 Senate: Read third time
- 02/18/15 Senate: Reading of substitute waived
- 02/18/15 Senate: Committee substitute agreed to 15105207D-S1
- 02/18/15 Senate: Engrossed by Senate - committee substitute HB1828S1
- 02/18/15 Senate: Passed Senate with substitute (34-Y 3-N)
- 02/18/15 House: Placed on Calendar
- 02/18/15 House: Senate substitute agreed to by House 15105207D-S1 (87-Y 2-N)
- 02/18/15 House: VOTE: ADOPTION (87-Y 2-N)
- 02/23/15 House: Enrolled
- 02/23/15 House: Bill text as passed House and Senate (HB1828ER)
- 02/23/15 House: Signed by Speaker
- 02/24/15 Senate: Signed by President
- 02/25/15 House: Enrolled Bill communicated to Governor on 2/25/15
- 02/25/15 Governor: Governor's Action Deadline Midnight, Sunday, March 29, 2015
- 03/17/15 Governor: Approved by Governor-Chapter 235 (effective 7/1/15)
- 03/17/15 Governor: Acts of Assembly Chapter text (CHAP0235)