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MS HB1495
Bill
Status
Failed
2/27/2013
Primary Sponsor
Bobby Moak
Click for details
AI Summary
- Provides a state income tax credit to licensed contractors who construct single-family homes (no more than 3 floors) certified by the National Green Building Certification Program
- Credits 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
- Applies to homes built according to NAHB Model Green Home Building Guidelines (2005) or National Green Building Standard (ICC 700-2008)
- Taxpayers must submit a copy of the National Green Building Certificate and required documentation with their income tax return
- Total credits claimed cannot exceed $5,000 in any specific year; effective July 1, 2013
Legislative Description
Income tax; provide credit to contractors for homes constructed in accordance with certain Green standards.
Last Action
Died In Committee
2/27/2013
Committee Referrals
Ways and Means1/21/2013
Full Bill Text
No bill text available