Virginia Senate Bill 506 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Engrossed on January 28 2016 - 50% progression, died in committee
Action: 2016-03-08 - Left in Finance
Pending: House Finance Committee
Text: Latest bill text (Engrossed) [HTML]

Waiver of tax penalties for small businesses. Waives any tax penalties related to taxes administered by the Department of Taxation for a small business during its first two years of operation as long as the business enters into an installment agreement with the Tax Commissioner for the payment of taxes. A small business is defined as an independently owned or operated business organized under Virginia law or with a principal place of business in Virginia and that has fewer than 10 employees.

Small businesses; waiver of penalties related to taxes.

Sen. Glen Sturtevant [R]

2016-02-10 - Senate - Senate: Read third time and passed Senate (39-Y 1-N) (Y: 39 N: 1 NV: 0 Abs: 0) [PASS]
2016-01-27 - Senate - Senate: Constitutional reading dispensed (40-Y 0-N) (Y: 40 N: 0 NV: 0 Abs: 0) [PASS]
2016-01-26 - Senate - Senate: Reported from Finance with amendments (11-Y 4-N) (Y: 11 N: 4 NV: 0 Abs: 0) [PASS]

Date	Chamber	Action
2016-03-08	House	Left in Finance
2016-02-12	House	Referred to Committee on Finance
2016-02-12	House	Read first time
2016-02-12	House	Placed on Calendar
2016-02-10	Senate	Read third time and passed Senate (39-Y 1-N)
2016-02-09	Senate	Passed by for the day
2016-02-08	Senate	Passed by for the day
2016-02-05	Senate	Passed by for the day
2016-02-04	Senate	Passed by for the day
2016-02-03	Senate	Passed by for the day
2016-02-02	Senate	Passed by for the day
2016-02-01	Senate	Passed by for the day
2016-01-29	Senate	Passed by for the day
2016-01-28	Senate	Printed as engrossed 16101358D-E
2016-01-28	Senate	Engrossed by Senate as amended SB506E
2016-01-28	Senate	Committee amendments agreed to
2016-01-28	Senate	Reading of amendments waived
2016-01-28	Senate	Read second time
2016-01-27	Senate	Constitutional reading dispensed (40-Y 0-N)
2016-01-26	Senate	Reported from Finance with amendments (11-Y 4-N)
2016-01-12	Senate	Referred to Committee on Finance
2016-01-12	Senate	Prefiled and ordered printed; offered 01/13/16 16101358D

Chapter	Article	Section	Citation Type	Statute Text
58	1	1817.1	(n/a)	See Bill Text

Type	Source
Summary	https://lis.virginia.gov/cgi-bin/legp604.exe?161+sum+SB506
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+SB506+hil
Text	https://lis.virginia.gov/cgi-bin/legp604.exe?161+ful+SB506E+hil
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+S05V0015+SB0506
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+SV0105SB0506+SB0506
Roll Call	https://lis.virginia.gov/cgi-bin/legp604.exe?161+vot+SV0298SB0506+SB0506