VA HB1207 | 2016 | Regular Session
Status
Completed Legislative Action
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Passed on April 1 2016 - 100% progression
Action: 2016-04-01 - Governor: Acts of Assembly Chapter text (CHAP0627)
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Passed on April 1 2016 - 100% progression
Action: 2016-04-01 - Governor: Acts of Assembly Chapter text (CHAP0627)
Text: Latest bill text (Chaptered) [HTML]
Summary
Family and Children's Trust Fund; exempt from taxation. Clarifies that the Family and Children's Trust Fund performs an essential governmental function and thus gifts, contributions, grants, devises, or bequests, whether personal or real property, and the income therefrom, accepted by the Trust Fund are exempt from all state and local taxes and regarded as the property of the Commonwealth for the purposes of all tax laws.
Title
Family and Children's Trust Fund; exempt from taxation.
Sponsors
Roll Calls
2016-03-03 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2016-03-03 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2016-03-02 - Senate - Senate: Reported from Finance (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-11 - House - House: VOTE: BLOCK VOTE PASSAGE (97-Y 0-N) (Y: 100 N: 0 NV: 3 Abs: 0) [PASS]
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 (6-Y 0-N) (Y: 6 N: 0 NV: 5 Abs: 0) [PASS]
2016-03-03 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2016-03-02 - Senate - Senate: Reported from Finance (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-11 - House - House: VOTE: BLOCK VOTE PASSAGE (97-Y 0-N) (Y: 100 N: 0 NV: 3 Abs: 0) [PASS]
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 (6-Y 0-N) (Y: 6 N: 0 NV: 5 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2016-04-01 | Governor: Acts of Assembly Chapter text (CHAP0627) | |
| 2016-04-01 | Governor: Approved by Governor-Chapter 627 (effective 7/1/16) | |
| 2016-03-09 | Governor: Governor's Action Deadline Midnight, Sunday, April 10, 2016 | |
| 2016-03-09 | House | Enrolled Bill communicated to Governor on 3/9/2016 |
| 2016-03-09 | Senate | Signed by President |
| 2016-03-07 | House | Signed by Speaker |
| 2016-03-07 | House | Bill text as passed House and Senate (HB1207ER) |
| 2016-03-07 | House | Enrolled |
| 2016-03-03 | Senate | Passed Senate (40-Y 0-N) |
| 2016-03-03 | Senate | Read third time |
| 2016-03-03 | Senate | Constitutional reading dispensed (40-Y 0-N) |
| 2016-03-02 | Senate | Reported from Finance (15-Y 0-N) |
| 2016-02-12 | Senate | Referred to Committee on Finance |
| 2016-02-12 | Senate | Constitutional reading dispensed |
| 2016-02-11 | House | VOTE: BLOCK VOTE PASSAGE (97-Y 0-N) |
| 2016-02-11 | House | Read third time and passed House BLOCK VOTE (97-Y 0-N) |
| 2016-02-10 | House | Read second time and engrossed |
| 2016-02-09 | House | Read first time |
| 2016-02-08 | House | Reported from Finance (22-Y 0-N) |
| 2016-02-03 | House | Subcommittee recommends reporting (6-Y 0-N) |
| 2016-02-02 | House | Assigned Finance sub: Subcommittee #2 |
| 2016-01-18 | House | Referred to Committee on Finance |
| 2016-01-18 | House | Presented and ordered printed 16103440D |
Same As/Similar To
SB346 (Same As) 2016-03-01 - Governor: Acts of Assembly Chapter text (CHAP0110)
