Virginia Senate Bill 211 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on March 2 2020 - 100% progression
Action: 2020-03-02 - Governor: Acts of Assembly Chapter text (CHAP0063)
Text: Latest bill text (Chaptered) [HTML]

Reporting of payments by third-party settlement organizations. Requires third-party settlement organizations (TPSOs) to report to the Tax Department the gross amount of payments made to any participating payee, a person who receives payment from a TPSO. Generally speaking, a TPSO is a company that provides a platform for buyers and sellers to transact goods or services and settles transactions between those parties. Examples of TPSOs would be marketplace facilitators and "gig economy" platforms. Under federal law, payments by TPSOs to participating payees need not be reported unless they exceed $20,000 and there are more than 200 transactions between the TPSO and the participating payee. The bill instead requires use of the standard 1099 reporting threshold of $600 for non-TPSO income as the level at which TPSO income must be reported to the Tax Department. The requirements of the bill apply only to payments to participating payees with a Virginia address.

Third-party settlement organizations; reporting of payments.

Sen. Janet Howell [D]

2020-02-17 - House - House: VOTE: Passage (56-Y 44-N) (Y: 56 N: 44 NV: 0 Abs: 0) [PASS]
2020-02-12 - House - House: Reported from Finance (14-Y 8-N) (Y: 14 N: 8 NV: 0 Abs: 0) [PASS]
2020-01-20 - Senate - Senate: Read third time and passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2020-01-16 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2020-01-15 - Senate - Senate: Reported from Finance and Appropriations with amendments (16-Y 0-N) (Y: 16 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2020-03-02		Governor: Acts of Assembly Chapter text (CHAP0063)
2020-03-02		Governor: Approved by Governor-Chapter 63 (effective 7/1/20)
2020-02-24		Governor: Governor's Action Deadline 11:59 p.m., March 2, 2020
2020-02-24	Senate	Enrolled Bill Communicated to Governor on February 24, 2020
2020-02-20	Senate	Signed by President
2020-02-19	House	Signed by Speaker
2020-02-19	Senate	Bill text as passed Senate and House (SB211ER)
2020-02-19	Senate	Enrolled
2020-02-17	House	VOTE: Passage (56-Y 44-N)
2020-02-17	House	Passed House (56-Y 44-N)
2020-02-17	House	Read third time
2020-02-14	House	Read second time
2020-02-12	House	Reported from Finance (14-Y 8-N)
2020-02-12	House	Referred to Committee on Finance
2020-02-12	House	Read first time
2020-02-12	House	Placed on Calendar
2020-01-20	Senate	Read third time and passed Senate (40-Y 0-N)
2020-01-17	Senate	Printed as engrossed 20101609D-E
2020-01-17	Senate	Engrossed by Senate as amended SB211E
2020-01-17	Senate	Committee amendments agreed to
2020-01-17	Senate	Reading of amendments waived
2020-01-17	Senate	Read second time
2020-01-16	Senate	Constitutional reading dispensed (40-Y 0-N)
2020-01-15	Senate	Reported from Finance and Appropriations with amendments (16-Y 0-N)
2020-01-08	Senate	Moved from Finance to Finance and Appropriations due to a change of the committee name
2019-12-30	Senate	Referred to Committee on Finance and Appropriations
2019-12-30	Senate	Prefiled and ordered printed; offered 01/08/20 20101609D

HB730 (Same As) 2020-03-10 - Governor: Acts of Assembly Chapter text (CHAP0248)

Chapter	Article	Section	Citation Type	Statute Text
58	1	356	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?201+sum+SB211
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+SB211+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+SB211E+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+SB211ER+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+CHAP0063+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?201+vot+S05V0012+SB0211
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?201+vot+SV0057SB0211+SB0211
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?201+vot+SV0067SB0211+SB0211
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?201+vot+H10V0304+SB0211
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?201+vot+HV0953+SB0211