VA SB346 | 2016 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on March 1 2016 - 100% progression
Action: 2016-03-01 - Governor: Acts of Assembly Chapter text (CHAP0110)
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.

Tracking Information

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Title

Family and Children's Trust Fund; exempt from taxation.

Sponsors


Roll Calls

2016-02-22 - House - House: VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (Y: 103 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-18 - House - House: Reported from Health, Welfare and Institutions (21-Y 0-N) (Y: 23 N: 0 NV: 1 Abs: 0) [PASS]
2016-02-03 - Senate - Senate: Read third time and passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2016-02-01 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2016-01-29 - Senate - Senate: Reported from Rehabilitation and Social Services (13-Y 1-N) (Y: 13 N: 1 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2016-03-01 Governor: Acts of Assembly Chapter text (CHAP0110)
2016-03-01 Governor: Approved by Governor-Chapter 110 (effective 7/1/16)
2016-02-23 Governor: Governor's Action Deadline Midnight, March 1, 2016
2016-02-23SenateEnrolled Bill Communicated to Governor on 2/23/16
2016-02-23HouseSigned by Speaker
2016-02-23SenateSigned by President
2016-02-23SenateBill text as passed Senate and House (SB346ER)
2016-02-23SenateEnrolled
2016-02-22HouseVOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
2016-02-22HousePassed House BLOCK VOTE (100-Y 0-N)
2016-02-22HouseRead third time
2016-02-19HouseRead second time
2016-02-18HouseReported from Health, Welfare and Institutions (21-Y 0-N)
2016-02-05HouseReferred to Committee on Health, Welfare and Institutions
2016-02-05HouseRead first time
2016-02-05HousePlaced on Calendar
2016-02-03SenateRead third time and passed Senate (40-Y 0-N)
2016-02-02SenateRead second time and engrossed
2016-02-01SenateConstitutional reading dispensed (40-Y 0-N)
2016-01-29SenateReported from Rehabilitation and Social Services (13-Y 1-N)
2016-01-11SenateReferred to Committee on Rehabilitation and Social Services
2016-01-11SenatePrefiled and ordered printed; offered 01/13/16 16102823D

Same As/Similar To

HB1207 (Same As) 2016-04-01 - Governor: Acts of Assembly Chapter text (CHAP0627)

Code Citations

ChapterArticleSectionCitation TypeStatute Text
6322100(n/a)See Bill Text

Virginia State Sources


Bill Comments

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