VA HB590 | 2016 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 11 2016 - 100% progression
Action: 2016-03-11 - Governor: Acts of Assembly Chapter text reprinted (CHAP0433)
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 11 2016 - 100% progression
Action: 2016-03-11 - Governor: Acts of Assembly Chapter text reprinted (CHAP0433)
Text: Latest bill text (Chaptered) [HTML]
Summary
Research and development expenses tax credit; reporting requirement. Requires the Department of Taxation to include in its annual report to the Governor on revenue collections by tax source information regarding the number of applicants and tax credits approved for the research and development expenses tax credit. This replaces the current requirement that the Virginia Economic Development Partnership include this information in its Annual Report on Business Incentives.
Title
Research and development expenses tax credit; eliminates reporting requirement.
Sponsors
Roll Calls
2016-02-26 - Senate - Senate: Passed Senate (39-Y 0-N) (Y: 39 N: 0 NV: 1 Abs: 0) [PASS]
2016-02-25 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-24 - Senate - Senate: Reported from Finance (14-Y 0-N) (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-04 - House - House: VOTE: PASSAGE (88-Y 9-N) (Y: 89 N: 11 NV: 3 Abs: 0) [PASS]
2016-02-01 - House - House: Reported from Finance with substitute (16-Y 5-N) (Y: 16 N: 5 NV: 1 Abs: 0) [PASS]
2016-02-25 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-24 - Senate - Senate: Reported from Finance (14-Y 0-N) (Y: 14 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-04 - House - House: VOTE: PASSAGE (88-Y 9-N) (Y: 89 N: 11 NV: 3 Abs: 0) [PASS]
2016-02-01 - House - House: Reported from Finance with substitute (16-Y 5-N) (Y: 16 N: 5 NV: 1 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2016-03-11 | Governor: Acts of Assembly Chapter text reprinted (CHAP0433) | |
| 2016-03-11 | Governor: Acts of Assembly Chapter text (CHAP0433) | |
| 2016-03-11 | Governor: Approved by Governor-Chapter 433 (effective 7/1/16) | |
| 2016-03-07 | Governor: Governor's Action Deadline Midnight, Sunday, April 10, 2016 | |
| 2016-03-07 | House | Enrolled Bill communicated to Governor on 3/7/2016 |
| 2016-03-04 | Senate | Signed by President |
| 2016-03-01 | House | Signed by Speaker |
| 2016-03-01 | House | Bill text as passed House and Senate (HB590ER) |
| 2016-03-01 | House | Enrolled |
| 2016-02-26 | Senate | Passed Senate (39-Y 0-N) |
| 2016-02-26 | Senate | Read third time |
| 2016-02-25 | Senate | Constitutional reading dispensed (40-Y 0-N) |
| 2016-02-24 | Senate | Reported from Finance (14-Y 0-N) |
| 2016-02-05 | Senate | Referred to Committee on Finance |
| 2016-02-05 | Senate | Constitutional reading dispensed |
| 2016-02-04 | House | VOTE: PASSAGE (88-Y 9-N) |
| 2016-02-04 | House | Read third time and passed House (88-Y 9-N) |
| 2016-02-03 | House | Engrossed by House - committee substitute HB590H1 |
| 2016-02-03 | House | Committee substitute agreed to 16104613D-H1 |
| 2016-02-03 | House | Read second time |
| 2016-02-02 | House | Read first time |
| 2016-02-01 | House | Committee substitute printed 16104613D-H1 |
| 2016-02-01 | House | Reported from Finance with substitute (16-Y 5-N) |
| 2016-01-11 | House | Referred to Committee on Finance |
| 2016-01-11 | House | Prefiled and ordered printed; offered 01/13/16 16100810D |
