VA HB238 | 2008 | Regular Session

Status

Completed Legislative Action
Spectrum: Unknown
Status: Passed on March 3 2008 - 100% progression
Action: 2008-03-06 - Governor: Acts of Assembly Chapter text (CHAP0211)

Summary

Income tax exemption for launch services and payload. Grants an income tax exemption for income resulting from the sale of launch services to space flight participants or launch services intended to provide individuals the training or experience of a launch, without performing an actual launch. The bill also grants an income tax exemption for any gain recognized as a result of resupply services contracts for delivering payload entered into with the Commercial Orbital Transportation Services division of the National Aeronautics and Space Administration or other space flight entity. Includes

Tracking Information

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Title

Income tax, state; exemption for launch services and payload to space flight participants.

Sponsors

No sponsor information available at this time.

History

DateChamberAction
2008-03-06 Governor: Acts of Assembly Chapter text (CHAP0211)
2008-03-03 Governor: Approved by Governor-Chapter 211 (effective 7/1/08)
2008-02-26 Senate: Signed by President
2008-02-25 House: Signed by Speaker
2008-02-25 House: Bill text as passed House and Senate (HB238ER)
2008-02-25 House: Enrolled
2008-02-21 Senate: Passed Senate (40-Y 0-N)
2008-02-21 Senate: Reconsideration of Senate passage agreed to by Senate (39-Y 0-N)
2008-02-21 Senate: Passed Senate (39-Y 0-N)
2008-02-21 Senate: Read third time
2008-02-20 Senate: Constitutional reading dispensed (40-Y 0-N)
2008-02-19 Senate: Reported from Finance (15-Y 0-N)
2008-02-08 Senate: Referred to Committee on Finance
2008-02-08 Senate: Constitutional reading dispensed
2008-02-07 House: Communicated to Senate
2008-02-07 House: VOTE: BLOCK VOTE PASSAGE (99-Y 0-N)
2008-02-07 House: Read third time and passed House BLOCK VOTE (99-Y 0-N)
2008-02-06 House: Engrossed by House - committee substitute HB238H1
2008-02-06 House: Committee substitute agreed to 081922472-H1
2008-02-06 House: Read second time
2008-02-05 House: Read first time
2008-02-04 House: Committee substitute printed 081922472-H1
2008-02-04 House: Reported from Finance with substitute (22-Y 0-N)
2008-01-15 House: Assigned Finance sub: 2
2007-12-28 House: Referred to Committee on Finance
2007-12-28 House: Prefiled and ordered printed; offered 01/09/08 075750162

Subjects


Virginia State Sources


Bill Comments

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