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HB152

Land preservation tax credit; increases threshold credit amount.

Status:
Killed

Chief Patron:
Marcus Simon (D)

Session:
2024 Regular Session

Summary

As Introduced. Land preservation tax credit.

Increases from $1 million to $1.5 million the threshold credit amount that triggers verification by the Department of Conservation and Recreation of the conservation value of a land donation. The bill exempts certain state agencies from the verification requirement unless the value of the credit claimed is greater than $2 million. (Less)
  • Bill History

  • 01/02/2024 - House: Prefiled and ordered printed; offered 01/10/24 24100918D
  • 01/02/2024 - House: Referred to Committee on Agriculture, Chesapeake and Natural Resources
  • 01/15/2024 - House: Assigned ACNR sub: Natural Resources
  • 01/18/2024 - House: Impact statement from TAX (HB152)
  • 01/24/2024 - House: Subcommittee recommends striking from docket (8-Y 0-N)
  • 02/13/2024 - House: Left in Agriculture, Chesapeake and Natural Resources