Virginia Senate Bill 500 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 3-0)
Status: Engrossed on January 31 2020 - 50% progression, died in committee
Action: 2020-03-03 - Left in Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Engrossed) [HTML]

Tax credit for teaching material expenses. Establishes an individual nonrefundable income tax credit of up to $250 for licensed teachers in taxable years beginning on or after January 1, 2020, but before January 1, 2025, for the purchase price of materials used in teaching public primary or secondary school students that were purchased during the taxable year, provided that such purchases were neither reimbursed nor claimed as a deduction on the teacher's federal income tax return. The total amount of tax credits available for a taxable year shall not exceed $1 million. If the amount of the credit exceeds the taxpayer's tax liability for the taxable year in which the teaching materials were purchased, such excess may be carried over for five years. The provisions of the bill are contingent on funding in a general appropriation act.

Teaching material expenses; establishes a tax credit, effective clause.

Sen. Bryce Reeves [R]

Sen. Benton Chafin [R]

Sen. Mark Peake [R]

2020-02-19 - House - House: Reported from Finance with amendment (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2020-02-19 - House - House: Reported from Finance with amendment (22-Y 0-N) (Y: 22 N: 0 NV: 0 Abs: 0) [PASS]
2020-02-17 - House - House: Subcommittee recommends reporting with amendment (9-Y 0-N) (Y: 9 N: 0 NV: 2 Abs: 0) [PASS]
2020-02-03 - Senate - Senate: Read third time and passed Senate (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2020-01-30 - Senate - Senate: Constitutional reading dispensed (37-Y 0-N) (Y: 37 N: 0 NV: 3 Abs: 0) [PASS]
2020-01-29 - Senate - Senate: Reported from Finance and Appropriations with amendment (15-Y 0-N) (Y: 15 N: 0 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2020-03-03	House	Left in Appropriations
2020-02-19	House	Referred to Committee on Appropriations
2020-02-19	House	Reported from Finance with amendment (22-Y 0-N)
2020-02-17	House	Subcommittee recommends referring to Committee on Appropriations
2020-02-17	House	Subcommittee recommends reporting with amendment (9-Y 0-N)
2020-02-13	House	Assigned Finance sub: Subcommittee #1
2020-02-12	House	Referred to Committee on Finance
2020-02-12	House	Read first time
2020-02-12	House	Placed on Calendar
2020-02-03	Senate	Read third time and passed Senate (40-Y 0-N)
2020-01-31	Senate	Printed as engrossed 20102642D-E
2020-01-31	Senate	Engrossed by Senate as amended SB500E
2020-01-31	Senate	Committee amendment agreed to
2020-01-31	Senate	Reading of amendment waived
2020-01-31	Senate	Read second time
2020-01-30	Senate	Constitutional reading dispensed (37-Y 0-N)
2020-01-29	Senate	Reported from Finance and Appropriations with amendment (15-Y 0-N)
2020-01-08	Senate	Moved from Finance to Finance and Appropriations due to a change of the committee name
2020-01-07	Senate	Referred to Committee on Finance and Appropriations
2020-01-07	Senate	Prefiled and ordered printed; offered 01/08/20 20102642D

Chapter	Article	Section	Citation Type	Statute Text
58	1	339.13	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?201+sum+SB500
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+SB500+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?201+ful+SB500E+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?201+vot+S05V0080+SB0500
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?201+vot+SV0244SB0500+SB0500
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?201+vot+SV0261SB0500+SB0500
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?201+vot+H1001V0045+SB0500
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?201+vot+H10V0311+SB0500
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?201+vot+H10V0330+SB0500