Instructions


 
Loading...
Session 121 - (2015-2016)Printer Friendly
(pdf format)
S 0951 General Bill, By Cromer, Coleman, Campbell, Cleary and J. Matthews
Summary: Tax credits
    A BILL TO AMEND ARTICLE 25, CHAPTER 6, TITLE 12 OF THE 1976 CODE, RELATING TO INCOME TAX CREDITS, TO ESTABLISH A TAX CREDIT FOR THE CONSTRUCTION OR PURCHASE OF GEOTHERMAL MACHINERY AND EQUIPMENT OR REAL PROPERTY THAT IS PLACED IN SERVICE DURING THE TAXABLE YEAR; TO PLACE A LIMITATION RELATED TO CLAIMING THE TAX CREDIT; TO ESTABLISH A CAP ON THE AGGREGATE AMOUNT OF TAX CREDITS THAT MAY BE CLAIMED IN ANY SINGLE TAXABLE YEAR; TO REPEAL THE TAX CREDIT ON JANUARY 1, 2019; AND TO DEFINE NECESSARY TERMS.
View full text
12/09/15Senate Prefiled
12/09/15Senate Referred to Committee on Finance
01/13/16Senate Introduced and read first time (Senate Journal-page 42)
01/13/16Senate Referred to Committee on Finance (Senate Journal-page 42)



Legislative Services Agency
h t t p : / / w w w . s c s t a t e h o u s e . g o v