Virginia House Bill 873 (Prior Session Legislation)

---

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 31 2014 - 100% progression
Action: 2014-03-31 - Governor: Acts of Assembly Chapter text (CHAP0423)
Text: Latest bill text (Chaptered) [HTML]

Ports tax credits. Changes Virginia's ports-related tax credits by increasing the annual amount of international trade facility tax credits that may be issued from $250,000 to $1.25 million, decreasing the annual amount of barge and rail usage tax credits that may be issued from $1.5 million to $500,000, and allowing a taxpayer to be eligible for the port volume increase tax credit and the barge and rail usage tax credit if the taxpayer meets the criteria for both. The bill reduces from 10 percent to five percent the minimum annual increase in cargo transported through a maritime port that is a condition of eligibility for the international trade facility tax credit. The bill also makes roll-on/roll-off cargo eligible for the international trade facility, port volume increase, and barge and rail usage tax credits. The provisions of the bill would become effective for taxable years beginning on or after January 1, 2014.

VA's ports-related tax credits; increases annual amount of international trade facility tax credits.

Del. Chris Jones [R]

2014-02-27 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2014-02-26 - Senate - Senate: Constitutional reading dispensed (38-Y 0-N) (Y: 38 N: 0 NV: 2 Abs: 0) [PASS]
2014-02-25 - Senate - Senate: Reported from Finance (17-Y 0-N) (Y: 17 N: 0 NV: 0 Abs: 0) [PASS]
2014-02-07 - House - House: VOTE: BLOCK VOTE PASSAGE (97-Y 0-N) (Y: 99 N: 0 NV: 2 Abs: 0) [PASS]
2014-02-03 - House - House: Reported from Finance (20-Y 0-N) (Y: 21 N: 0 NV: 1 Abs: 0) [PASS]

Date	Chamber	Action
2014-03-31		Governor: Acts of Assembly Chapter text (CHAP0423)
2014-03-31		Governor: Approved by Governor-Chapter 423 (effective 1/1/14)
2014-03-07	Senate	Signed by President
2014-03-04	House	Signed by Speaker
2014-03-04	House	Bill text as passed House and Senate (HB873ER)
2014-03-04	House	Enrolled
2014-02-27	Senate	Passed Senate (40-Y 0-N)
2014-02-27	Senate	Read third time
2014-02-26	Senate	Constitutional reading dispensed (38-Y 0-N)
2014-02-25	Senate	Reported from Finance (17-Y 0-N)
2014-02-10	Senate	Referred to Committee on Finance
2014-02-10	Senate	Constitutional reading dispensed
2014-02-07	House	VOTE: BLOCK VOTE PASSAGE (97-Y 0-N)
2014-02-07	House	Read third time and passed House BLOCK VOTE (97-Y 0-N)
2014-02-06	House	Read second time and engrossed
2014-02-05	House	Passed by for the day
2014-02-04	House	Read first time
2014-02-03	House	Reported from Finance (20-Y 0-N)
2014-01-08	House	Referred to Committee on Finance
2014-01-08	House	Prefiled and ordered printed; offered 01/08/14 14102617D

Chapter	Article	Section	Citation Type	Statute Text
58	1	439.12:06	(n/a)	See Bill Text
58	1	439.12:09	(n/a)	See Bill Text
58	1	439.12:10	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?141+sum+HB873
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?141+ful+HB873+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?141+ful+HB873ER+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?141+ful+CHAP0423+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?141+vot+H10V0026+HB0873
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?141+vot+HV0524+HB0873
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?141+vot+S05V0200+HB0873
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?141+vot+SV0585HB0873+HB0873
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?141+vot+SV0636HB0873+HB0873