VA SB27 | 2022 | Regular Session
Status
Spectrum: Partisan Bill (Republican 4-0)
Status: Engrossed on February 10 2022 - 50% progression, died in chamber
Action: 2022-02-28 - Tabled in Appropriations (22-Y 0-N)
Text: Latest bill text (Comm Sub) [HTML]
Status: Engrossed on February 10 2022 - 50% progression, died in chamber
Action: 2022-02-28 - Tabled in Appropriations (22-Y 0-N)
Text: Latest bill text (Comm Sub) [HTML]
Summary
Income tax credits; Neighborhood Assistance Program and Education Improvement Scholarships. Makes several amendments to expand the availability of the Neighborhood Assistance Program (NAP) and Education Improvement Scholarships Tax Credits (EISTC). The bill increases the limit on NAP credits approved by the Department of Education (DOE) from $9 million to $12 million and provides that the annual allocation of tax credits among neighborhood organizations shall not rely solely on the amount of credits awarded in the previous year. For the EISTC, the bill increases the value of the credit from 65 percent to 70 percent of the value of a donation and allows certified public accountants to receive tax credits for donations of accounting services to scholarship organizations. The bill also retains requirements and guidelines for eligible students with a disability that under current law were scheduled to expire on December 31, 2023.
Title
Income tax, state; credits for Neighborhood Assistance Program & Education Improvement Scholarships.
Sponsors
Roll Calls
2022-02-28 - House - House: Tabled in Appropriations (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2022-02-23 - House - House: Reported from Finance (21-Y 0-N) (Y: 21 N: 0 NV: 0 Abs: 1) [PASS]
2022-02-23 - House - House: Subcommittee recommends reporting (8-Y 0-N) (Y: 8 N: 0 NV: 0 Abs: 0) [PASS]
2022-02-10 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2022-02-10 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2022-02-09 - Senate - Senate: Constitutional reading dispensed (38-Y 0-N) (Y: 38 N: 0 NV: 0 Abs: 2) [PASS]
2022-02-08 - Senate - Senate: Reported from Finance and Appropriations with substitute (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
2022-02-23 - House - House: Reported from Finance (21-Y 0-N) (Y: 21 N: 0 NV: 0 Abs: 1) [PASS]
2022-02-23 - House - House: Subcommittee recommends reporting (8-Y 0-N) (Y: 8 N: 0 NV: 0 Abs: 0) [PASS]
2022-02-10 - Senate - Senate: Passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2022-02-10 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2022-02-09 - Senate - Senate: Constitutional reading dispensed (38-Y 0-N) (Y: 38 N: 0 NV: 0 Abs: 2) [PASS]
2022-02-08 - Senate - Senate: Reported from Finance and Appropriations with substitute (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2022-02-28 | House | Tabled in Appropriations (22-Y 0-N) |
| 2022-02-23 | House | Referred to Committee on Appropriations |
| 2022-02-23 | House | Reported from Finance (21-Y 0-N) |
| 2022-02-23 | House | Subcommittee recommends referring to Committee on Appropriations |
| 2022-02-23 | House | Subcommittee recommends reporting (8-Y 0-N) |
| 2022-02-22 | House | Assigned Finance sub: Subcommittee #1 |
| 2022-02-18 | House | Referred to Committee on Finance |
| 2022-02-18 | House | Read first time |
| 2022-02-18 | House | Placed on Calendar |
| 2022-02-10 | Senate | Passed Senate (40-Y 0-N) |
| 2022-02-10 | Senate | Constitutional reading dispensed (40-Y 0-N) |
| 2022-02-10 | Senate | Engrossed by Senate - committee substitute SB27S1 |
| 2022-02-10 | Senate | Committee substitute agreed to 22106056D-S1 |
| 2022-02-10 | Senate | Reading of substitute waived |
| 2022-02-10 | Senate | Read second time |
| 2022-02-09 | Senate | Constitutional reading dispensed (38-Y 0-N) |
| 2022-02-09 | Senate | Passed by for the day |
| 2022-02-08 | Senate | Incorporates SB709 (DeSteph) |
| 2022-02-08 | Senate | Committee substitute printed 22106056D-S1 |
| 2022-02-08 | Senate | Reported from Finance and Appropriations with substitute (15-Y 0-N) |
| 2021-12-22 | Senate | Referred to Committee on Finance and Appropriations |
| 2021-12-22 | Senate | Prefiled and ordered printed; offered 01/12/22 22100606D |
Same As/Similar To
SB709 (Similar To) 2022-02-08 - Incorporated by Finance and Appropriations
SB709 (Similar To) 2022-02-08 - Incorporated by Finance and Appropriations
SB709 (Similar To) 2022-02-08 - Incorporated by Finance and Appropriations
Subjects
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 58 | 1 | 439.20 | (n/a) | See Bill Text |
| 58 | 1 | 439.20:1 | (n/a) | See Bill Text |
| 58 | 1 | 439.25 | (n/a) | See Bill Text |
| 58 | 1 | 439.26 | (n/a) | See Bill Text |
| 58 | 1 | 439.28 | (n/a) | See Bill Text |
