Dylan Roberts
- Democratic
- Senator
- District 8
Primary
The act makes the following changes affecting claims for an income tax credit allowed for the donation of a perpetual conservation easement in gross (tax credit):Specifies that the division of conservation can be a holder of a conservation easement in gross; Authorizes the executive director to provide information regarding a taxpayer to another taxpayer or require information to be given to the division of conservation in certain circumstances; Modifies the definition of "taxpayer" to clarify the applicability of the tax credit to donations made by certain nonprofit and governmental entities; Modifies the process for filing conservation easement tax credit certificates with income tax returns; Eliminates the authority of the executive director of the department of revenue to require additional information regarding the amount and validity of tax credits and to resolve disputes regarding the credits; Establishes a process for the division of conservation to track the transfer of and certify the ownership of tax credits; Modifies the formula used to calculate the amount of the tax credit; Modifies the manner in which the amount of a tax credit is allocated among owners, partners, members, or shareholders of certain legal entities; Modifies certain provisions regarding the number of tax credits that may be claimed and the manner of claiming the credits; Eliminates the requirement that the donor of an easement is the tax matters representative for purposes of resolving issues and disputes relating to a transferred credit; Allows certain governmental entities that are not subject to income tax to be able to claim a transferrable expense amount for the donation of a perpetual conservation easement to be transferred to a transferee in lieu of claiming a tax credit; and Eliminates obsolete reporting requirements.(Note: This summary applies to this bill as enacted.)
Governor Signed
Sent to the Governor
Signed by the Speaker of the House
Signed by the President of the Senate
Senate Third Reading Passed - No Amendments
Senate Third Reading Laid Over to 06/07/2021 - No Amendments
Senate Second Reading Special Order - Passed - No Amendments
Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole
Senate Committee on Finance Refer Unamended to Appropriations
House Third Reading Passed - No Amendments
House Second Reading Special Order - Passed with Amendments - Committee
House Second Reading Laid Over Daily - No Amendments
House Committee on Appropriations Refer Amended to House Committee of the Whole
House Committee on Finance Refer Amended to Appropriations
House Committee on Agriculture, Livestock, & Water Refer Unamended to Finance
Introduced In House - Assigned to Agriculture, Livestock, & Water
| Bill Text Versions | Format |
|---|---|
| Signed Act (06/30/2021) | |
| Final Act (06/21/2021) | |
| Rerevised (06/07/2021) | |
| Revised (06/03/2021) | |
| Reengrossed (05/20/2021) | |
| Engrossed (05/19/2021) | |
| Introduced (03/19/2021) | |
| PA2 (05/14/2021) | |
| PA1 (04/23/2021) | |
| Committee Amendment |
| Document | Format |
|---|---|
| Fiscal Note SA1 (05/13/2021) | |
| Fiscal Note SA2 (06/02/2021) | |
| Fiscal Note FN1 (04/01/2021) | |
| Fiscal Note FN2 (04/08/2021) | |
| Fiscal Note FN3 (04/28/2021) | |
| Fiscal Note FN4 (05/18/2021) | |
| Fiscal Note FN5 (08/26/2021) |
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