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Renewable energy property; tax credit for property placed in service.

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

VA HB 1632 · House Bill · 2017

Stage
Session ended
Started in
House
Sponsor
1
Latest action
Feb 7, 2017

What it does

Establishes\r beginning in taxable year 2017 a tax credit for renewable energy property\r placed in service. The bill defines renewable energy property as certain\r biomass equipment that uses renewable biomass resources, combined heat and\r power systems using waste heat to produce electricity or thermal or mechanical\r energy, certain geothermal equipment, hydroelectric generators located at\r existing dams or in free-flowing waterways, solar energy equipment, and wind\r equipment that is required to capture and convert wind energy into electricity\r or mechanical power.

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Where it stands

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

  1. Introduced (Current step)

    Introduced · Feb 7, 2017

  2. Committee (Needs attention)

    The session ended first

  3. Floor (Not started)

  4. Law (Not started)

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

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Where it goes next

While a bill can still move, the questions are about people and money in Virginia.

Work with this bill

Renewable energy property; tax credit for property placed in service. | 52