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MS HB93

Bill

Status

Failed

3/28/2012

Primary Sponsor

Bobby Moak

Click for details

Origin

House of Representatives

2012 Regular Session

AI Summary

  • Provides state income tax credits to licensed contractors who construct single-family homes certified by the National Green Building Certification Program based on NAHB Model Green Home Building Guidelines (2005) or National Green Building Standard (ICC 700-2008)
  • Tax credit amounts are $500 for bronze certification, $1,000 for silver certification, and $1,500 for gold certification, claimed in the taxable year the certificate of occupancy is issued
  • Requires taxpayers to submit a copy of the National Green Building Certificate and other documentation required by the Department of Revenue with their income tax return
  • Limits total tax credits to a maximum of $5,000 in any specific year
  • Effective for taxable years beginning on or after January 1, 2013, with an effective date of July 1, 2012

Legislative Description

Income tax; provide credit to contractors for homes constructed in accordance with certain Green standards.

Last Action

Died In Committee

3/28/2012

Full Bill Text

No bill text available