VA HB1390 | 2016 | Regular Session

Status

Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 28 2016 - 25% progression, died in committee
Action: 2016-02-17 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Neighborhood assistance tax credits. Eliminates the requirement that 10 percent of the available amount of neighborhood assistance tax credits each year be reserved for new organizations participating in the tax credit program and prohibits state agencies administering the program from (i) allocating tax credits to a neighborhood organization on the basis of the the dollar value of tax credits issued to the organization in a prior program year or (ii) employing a method for determining the maximum allocation of tax credits for any qualifying neighborhood organization that differs from the method employed for any other such organization.

Tracking Information

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Title

Neighborhood assistance tax credits; allocation of credits.

Sponsors


Roll Calls

2016-02-08 - House - House: Reported from Finance (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-03 - House - House: Subcommittee recommends reporting (9-Y 0-N) (Y: 9 N: 0 NV: 1 Abs: 0) [PASS]

History

DateChamberAction
2016-02-17HouseLeft in Finance
2016-02-11HouseRereferred to Finance
2016-02-11HouseMotion to rerefer to committee agreed to
2016-02-11HouseRead second time
2016-02-10HousePassed by for the day
2016-02-09HouseRead first time
2016-02-08HouseReported from Finance (22-Y 0-N)
2016-02-03HouseSubcommittee recommends reporting (9-Y 0-N)
2016-02-02HouseAssigned Finance sub: Subcommittee #1
2016-01-28HouseReferred to Committee on Finance
2016-01-28HousePresented and ordered printed 16103833D
2016-01-28HouseUnanimous consent to introduce

Code Citations

ChapterArticleSectionCitation TypeStatute Text
581439.20(n/a)See Bill Text

Virginia State Sources


Bill Comments

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