Virginia Senate Bill 641 (Prior Session Legislation)

---

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 9 2008 - 25% progression, died in chamber
Action: 2008-01-23 - Senate: Continued to 2009 in Finance (16-Y 0-N)

Land preservation tax credit; conveyance for public parks, recreational areas, or trails. Provides that the land preservation tax credit would equal 60 percent of the fair market value of any land that is conveyed for the purpose of a public park, public recreational facility, or public trail access easement. The board of supervisors of the county or the council of the city in which such land is located would be required to pass a duly adopted resolution that states (i) its approval of the conveyance, and (ii) that the conveyance is in accordance with the comprehensive plan in effect for the county or city.

Land preservation tax credit; conveyance for public parks, recreational areas, or trails.

Sen. Patricia Ticer [D]

Date	Chamber	Action
2008-01-23		Senate: Continued to 2009 in Finance (16-Y 0-N)
2008-01-09		Senate: Referred to Committee on Finance
2008-01-09		Senate: Prefiled and ordered printed; offered 01/09/08 081197336

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?081+sum+SB641