VA HB2460 | 2019 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on January 9 2019 - 25% progression, died in committee
Action: 2019-02-05 - Left in General Laws
Pending: House General Laws Committee
Text: Latest bill text (Prefiled) [HTML]
Status: Introduced on January 9 2019 - 25% progression, died in committee
Action: 2019-02-05 - Left in General Laws
Pending: House General Laws Committee
Text: Latest bill text (Prefiled) [HTML]
Summary
Income tax credit; solar energy equipment. Creates a nonrefundable tax credit for the purchase and installation of solar energy equipment in certain nonresidential areas for taxable years beginning on and after January 1, 2019, but before January 1, 2024. The tax credit is capped at $100,000 per individual or 35 percent of the installed cost of the system, whichever is less. The aggregate amount of credits that can be issued in a fiscal year is capped at $10 million.
Title
Income tax, state; credit for solar energy equipment.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2019-02-05 | House | Left in General Laws |
| 2019-01-28 | House | Referred to Committee on General Laws |
| 2019-01-28 | House | Referred from Finance by voice vote |
| 2019-01-09 | House | Referred to Committee on Finance |
| 2019-01-09 | House | Prefiled and ordered printed; offered 01/09/19 19101971D |
Code Citations
Virginia State Sources
| Type | Source |
|---|---|
| Summary | https://lis.virginia.gov/cgi-bin/legp604.exe?191+sum+HB2460 |
| Text | https://lis.virginia.gov/cgi-bin/legp604.exe?191+ful+HB2460+hil |
