VA HB742 | 2016 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on March 11 2016 - 100% progression
Action: 2016-03-11 - Governor: Acts of Assembly Chapter text reprinted (CHAP0426)
Text: Latest bill text (Chaptered) [HTML]
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on March 11 2016 - 100% progression
Action: 2016-03-11 - Governor: Acts of Assembly Chapter text reprinted (CHAP0426)
Text: Latest bill text (Chaptered) [HTML]
Summary
Neighborhood Assistance Program tax credits; eligibility. Creates an exception to the requirement that each affiliate of a neighborhood organization must also meet all program regulations and guidelines as a condition of the neighborhood organization's eligibility for tax credits. Under the bill, the general program requirements for proposals submitted to the Commissioner of Social Services that (i) at least 50 percent of the persons served by each affiliate of the neighborhood organization be low-income persons, (ii) at least 50 percent of the revenues of each affiliate of the neighborhood organization be used to provide services to such persons, (iii) each affiliate also meet the definition of a "neighborhood organization," and (iv) an audit, review, or compilation for each affiliate be furnished will not apply if (a) the neighborhood organization otherwise meets all program requirements and regulations, (b) the neighborhood organization received a fiscal year 2013-2014 allocation of neighborhood assistance tax credits, and (c) no affiliate of the neighborhood organization submits a proposal for or receives an allocation of tax credits for the program year for which the neighborhood organization has submitted its proposal. The exemption from the affiliate requirements is permanent and benefits neighborhood organizations applying for tax credits from the Commissioner of Social Services.
Title
Neighborhood Assistance Program; eligibility for tax credits.
Sponsors
Roll Calls
2016-02-29 - House - House: VOTE: ADOPTION (92-Y 6-N) (Y: 95 N: 6 NV: 2 Abs: 0) [PASS]
2016-02-24 - Senate - Senate: Passed Senate with substitute (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-18 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-17 - Senate - Senate: Reported from Finance with substitute (13-Y 0-N) (Y: 13 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-04 - House - House: VOTE: PASSAGE (89-Y 8-N) (Y: 92 N: 8 NV: 3 Abs: 0) [PASS]
2016-02-01 - House - House: Reported from Finance (18-Y 4-N) (Y: 18 N: 4 NV: 0 Abs: 0) [PASS]
2016-01-27 - House - House: Subcommittee recommends reporting (8-Y 0-N) (Y: 8 N: 0 NV: 2 Abs: 0) [PASS]
2016-02-24 - Senate - Senate: Passed Senate with substitute (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-18 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-17 - Senate - Senate: Reported from Finance with substitute (13-Y 0-N) (Y: 13 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-04 - House - House: VOTE: PASSAGE (89-Y 8-N) (Y: 92 N: 8 NV: 3 Abs: 0) [PASS]
2016-02-01 - House - House: Reported from Finance (18-Y 4-N) (Y: 18 N: 4 NV: 0 Abs: 0) [PASS]
2016-01-27 - House - House: Subcommittee recommends reporting (8-Y 0-N) (Y: 8 N: 0 NV: 2 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2016-03-11 | Governor: Acts of Assembly Chapter text reprinted (CHAP0426) | |
| 2016-03-11 | Governor: Acts of Assembly Chapter text (CHAP0426) | |
| 2016-03-11 | Governor: Approved by Governor-Chapter 426 (effective 7/1/16) | |
| 2016-03-11 | Governor: Governor's Action Deadline Midnight, Sunday, April 10, 2016 | |
| 2016-03-11 | House | Enrolled Bill communicated to Governor on 3/11/16 |
| 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 (HB742ER) |
| 2016-03-01 | House | Enrolled |
| 2016-02-29 | House | VOTE: ADOPTION (92-Y 6-N) |
| 2016-02-29 | House | Senate substitute agreed to by House 16105602D-S1 (92-Y 6-N) |
| 2016-02-26 | House | Passed by for the day |
| 2016-02-25 | House | Placed on Calendar |
| 2016-02-24 | Senate | Passed Senate with substitute (40-Y 0-N) |
| 2016-02-24 | Senate | Engrossed by Senate - committee substitute HB742S1 |
| 2016-02-24 | Senate | Committee substitute agreed to 16105602D-S1 |
| 2016-02-24 | Senate | Reading of substitute waived |
| 2016-02-24 | Senate | Read third time |
| 2016-02-23 | Senate | Passed by for the day |
| 2016-02-22 | Senate | Passed by for the day |
| 2016-02-19 | Senate | Passed by for the day |
| 2016-02-19 | Senate | Read third time |
| 2016-02-18 | Senate | Constitutional reading dispensed (40-Y 0-N) |
| 2016-02-17 | Senate | Committee substitute printed 16105602D-S1 |
| 2016-02-17 | Senate | Reported from Finance with substitute (13-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 (89-Y 8-N) |
| 2016-02-04 | House | Read third time and passed House (89-Y 8-N) |
| 2016-02-03 | House | Read second time and engrossed |
| 2016-02-02 | House | Read first time |
| 2016-02-01 | House | Reported from Finance (18-Y 4-N) |
| 2016-01-27 | House | Subcommittee recommends reporting (8-Y 0-N) |
| 2016-01-15 | House | Assigned Finance sub: Subcommittee #1 |
| 2016-01-12 | House | Referred to Committee on Finance |
| 2016-01-12 | House | Prefiled and ordered printed; offered 01/13/16 16100076D |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 58 | 1 | 439.18 | (n/a) | See Bill Text |
| 58 | 1 | 439.20 | (n/a) | See Bill Text |
