Proyectos de ley › 89.ª Asamblea General
Reducing the solar energy system tax credit wait list by reducing authorized aggregate tax credits for certain economic development programs
Temas:Energy & utilitiesTaxesTax credits & incentivesWind & solar
La misma legislación: HF 2073
Dónde está ahora
- Hecho: Presentado23 de febrero de 2021
- Se detuvo: SubcomitéMurió al terminar la Asamblea General
- Sigue: Comité de la Cámara
- Sigue: Lo aprueba la Cámara
- Sigue: Comité del Senado
- Sigue: Lo aprueba el Senado
- Sigue: A gobernador(a)
- Sigue: Firmado como ley
Murió al terminar la sesión La sesión de 2022 terminó el 24 de mayo de 2022, la última sesión ordinaria de la Asamblea General. Los proyectos que no pasaron por ambas cámaras murieron. ¿Qué es el embudo (funnel)?
Qué contiene
La explicación oficial está en inglés; todavía no hay resumen en palabras sencillas.
This bill reduces the solar energy system tax credit wait list by reducing authorized aggregate tax credits for certain economic development programs. Currently, the cumulative value of solar energy system tax credits claimed is annually capped at $5 million. The bill allows the cumulative value of tax credits claimed annually to exceed the $5 million cap amount until such time the wait list for the tax credit is eliminated. The amount of tax credits that may be claimed in excess of the $5 million cap shall equal the amount of tax credits placed on the wait list, but shall not exceed $7 million over the cap.
Lea la explicación completa
The bill requires the director of revenue, at the beginning of each fiscal year, to notify the director of the department of economic authority of the cumulative value of tax credits on the solar energy system tax credit wait list. The bill also requires the director of the department of revenue to notify the director of the economic development authority when the cumulative value of the tax credits on the solar energy system tax credit wait list is zero, at which point authorized aggregate tax credits for certain economic development programs shall cease being reduced.119.119, the bill requires the economic development authority to reduce the $170 million authorized tax credit aggregate amount by the cumulative value of the solar energy system tax credits on the wait list until such time the wait list for the solar energy system tax credit is eliminated. The solar energy system tax credit is available against the individual and corporate income taxes, franchise tax, and moneys and credits tax.
Lo que cambia del Código de Iowa (Iowa Code)
Cabildeo
2 a favor · 0 en contra · 8 indecisos · Quiénes →
Family tree
89th General Assembly