Bills › 89th General Assembly
Providing a nursing home visitation shelter tax credit available against the individual and corporate income taxes, and including effective date and applicability provisions
Where it is now
- Done: IntroducedMarch 1, 2021
- Done: SubcommitteeMarch 2, 2021
- Stopped: Senate committeeDied when the General Assembly ended
- Next: Passes the Senate
- Next: House committee
- Next: Passes the House
- Next: To the Governor
- Next: Signed into law
Died when the session ended The 2022 session adjourned on May 24, 2022, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?
What’s in it
This bill creates a nursing home visitation shelter tax credit available against the individual and corporate income taxes. The amount of the credit equals percent of the cost of constructing a nursing home visitation shelter, not to exceed $100,000 per application. The bill defines “nursing home visitation shelter” to mean a newly constructed or renovated meeting area located within a nursing home or on the grounds of the nursing home designed for nursing home residents to meet with friends and family members in a low-risk setting to reduce the spread of disease.
Read the full explanation
The bill defines “meeting area” to mean an area with proper ventilation that may be easily sanitized while also allowing for ease of communication with social distancing. The bill requires the department of aging (department), in consultation with the department of revenue, to develop a system for the application, review, and authorization of nursing home visitation shelter tax credits and to control the issuance of tax credit certificates to taxpayers. To claim a tax credit under the bill, a taxpayer must include one or more tax credit certificates issued by the department with the taxpayer’s return. The aggregate amount of the credit available in a calendar year shall not exceed $5 million. The tax credit is not refundable but any credit in excess of tax liability may be credited to the tax liability for the following five years or until depleted, whichever is earlier. The bill takes effect upon enactment and applies retroactively to tax years beginning on or after January 1, 2021.
Senate subcommittee
Named March 2, 2021. It hasn’t reported yet.
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part
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- SF 2108 Providing a nursing home visitation shelter tax credit available against the individual an…89th General Assembly · In committeeNearly identical
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