VA SB1652 | 2019 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on March 21 2019 - 100% progression
Action: 2019-03-21 - Governor: Acts of Assembly Chapter text (CHAP0759)
Text: Latest bill text (Chaptered) [HTML]

Summary

Virginia port volume increase tax credit; transfer of credits. Allows a taxpayer granted Virginia port volume increase tax credits to transfer unused credits to another taxpayer. The tax credit may be applied retroactively by the transferee to the date that the credits were originally issued so long as the statute of limitations for filing an amended return has not expired. Any transfer of credits shall occur within one calendar year of the credit holder earning the credit. Only tax credits issued in taxable years beginning on and after January 1, 2018, but before January 1, 2022, shall be transferable.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Virginia port volume increase tax credit; transfer of credits.

Sponsors


Roll Calls

2019-02-13 - Senate - Senate: House amendments agreed to by Senate (38-Y 0-N) (Y: 38 N: 0 NV: 2 Abs: 0) [PASS]
2019-02-13 - House - House: VOTE: PASSAGE (85-Y 9-N) (Y: 85 N: 9 NV: 5 Abs: 0) [PASS]
2019-02-12 - House - House: Reported from Appropriations with amendments (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2019-02-01 - Senate - Senate: Read third time and passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2019-01-30 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2019-01-29 - Senate - Senate: Reported from Finance with amendment (16-Y 0-N) (Y: 16 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2019-03-21 Governor: Acts of Assembly Chapter text (CHAP0759)
2019-03-21 Governor: Approved by Governor-Chapter 759 (effective 7/1/19)
2019-02-20 Governor: Governor's Action Deadline Midnight, March 26, 2019
2019-02-20SenateEnrolled Bill Communicated to Governor on February 20, 2019
2019-02-19SenateSigned by President
2019-02-18HouseSigned by Speaker
2019-02-18SenateBill text as passed Senate and House (SB1652ER)
2019-02-18SenateEnrolled
2019-02-13SenateHouse amendments agreed to by Senate (38-Y 0-N)
2019-02-13HouseVOTE: PASSAGE (85-Y 9-N)
2019-02-13HousePassed House with amendments (85-Y 9-N)
2019-02-13HouseEngrossed by House as amended
2019-02-13HouseCommittee amendments agreed to
2019-02-13HouseRead third time
2019-02-12HouseRead second time
2019-02-12HouseReported from Appropriations with amendments (22-Y 0-N)
2019-02-06HouseAssigned App. sub: Transportation
2019-02-06HouseReferred to Committee on Appropriations
2019-02-06HouseRead first time
2019-02-06HousePlaced on Calendar
2019-02-01SenateRead third time and passed Senate (40-Y 0-N)
2019-01-31SenatePrinted as engrossed 19103066D-E
2019-01-31SenateEngrossed by Senate as amended SB1652E
2019-01-31SenateAmendment by Senator Hanger agreed to
2019-01-31SenateReading of amendment waived
2019-01-31SenateCommittee amendment agreed to
2019-01-31SenateReading of amendment waived
2019-01-31SenateRead second time
2019-01-30SenateConstitutional reading dispensed (40-Y 0-N)
2019-01-29SenateReported from Finance with amendment (16-Y 0-N)
2019-01-09SenateReferred to Committee on Finance
2019-01-09SenatePresented and ordered printed 19103066D

Code Citations

ChapterArticleSectionCitation TypeStatute Text
581439.12:10(n/a)See Bill Text

Virginia State Sources

TypeSource
Summaryhttps://lis.virginia.gov/cgi-bin/legp604.exe?191+sum+SB1652
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?191+ful+SB1652+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?191+ful+SB1652E+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?191+ful+SB1652ER+hil
Texthttps://lis.virginia.gov/cgi-bin/legp604.exe?191+ful+CHAP0759+hil
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+S05V0153+SB1652
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+SV0248SB1652+SB1652
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+SV0278SB1652+SB1652
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+H02V0195+SB1652
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+HV2778+SB1652
Roll Callhttps://lis.virginia.gov/cgi-bin/legp604.exe?191+vot+SV0609SB1652+SB1652

Bill Comments

feedback