Virginia House Bill 973

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 9 2024 - 25% progression
Action: 2024-02-13 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Prefiled) [HTML]

Tangible personal property tax; classification; satellite equipment. Restricts the special classification for tangible personal property that is used in manufacturing, testing, or operating satellites within a Multicounty Transportation Improvement District to only such property placed in service before January 1, 2025. Such property may be taxed at a lower rate than is applied to other tangible personal property. Tangible personal property tax; classification; satellite equipment. Restricts the special classification for tangible personal property that is used in manufacturing, testing, or operating satellites within a Multicounty Transportation Improvement District to only such property placed in service before January 1, 2025. Such property may be taxed at a lower rate than is applied to other tangible personal property.

Tangible personal property tax; classification, satellite equipment.

Del. Rodney Willett [D]

2024-01-30 - House - House: Subcommittee recommends striking from docket (8-Y 0-N) (Y: 8 N: 0 NV: 0 Abs: 1) [PASS]

Date	Chamber	Action
2024-02-13	House	Left in Finance
2024-01-30	House	Subcommittee recommends striking from docket (8-Y 0-N)
2024-01-25	House	Assigned Finance sub: Subcommittee #2
2024-01-09	House	Referred to Committee on Finance
2024-01-09	House	Prefiled and ordered printed; offered 01/10/24 24103213D

Chapter	Article	Section	Citation Type	Statute Text
58	1	3506	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+HB973
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?241+ful+HB973+hil
Supplement	https://lis.virginia.gov/cgi-bin/legp604.exe?241+oth+HB973F161+PDF
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?241+vot+H1002V0009+HB0973