Personal property tax; seperate classifications of machinery and tools used in businesses. (SB417)

Introduced By

Sen. Emmett Hanger (R-Mount Solon)

Progress

√
 Introduced
√
 Passed Committee
√
 Passed House
√
 Passed Senate
√
 Signed by Governor
√
 Became Law

Description

Taxation of certified pollution control equipment and facilities; development of five-year plan. The Virginia Economic Development Partnership Authority, with other agencies, is required to prepare and execute a specific five-year plan to assist local governments that are dependent upon manufacturing facilities to diversity their economies. The bill also provides that certain certified pollution control equipment and facilities are exempt from state and local taxation, pursuant to Section 6 of Article X of the Constitution of Virginia. Amends § 15.2-3207, § 15.2-3525, § 15.2-3806, § 15.2-3906, § 15.2-4105, § 2.2-2238, § 22.1-114, § 58.1-1101, § 58.1-3008, § 58.1-3010, § 58.1-3011, § 58.1-3012, § 58.1-3112, § 58.1-3245.11, § 58.1-3245.6, § 58.1-3245.8, § 58.1-3245.9, § 58.1-3506, § 58.1-3507, § 58.1-3511, § 58.1-3515, § 58.1-3518, § 58.1-3660, § 58.1-3661, § 58.1-3900, § 58.1-3916, § 58.1-3921, § 58.1-3980, § 58.1-3983.1, of the Code of Virginia. View Full Text »

Status

04/03/2006: signed by governor

History

  • 01/11/2006 Prefiled and ordered printed; offered 01/11/06 062618832
  • 01/11/2006 Referred to Committee on Finance
  • 01/22/2006 Fiscal impact statement from TAX (SB417)
  • 01/31/2006 Reported from Finance with substitute (15-Y 0-N)
  • 02/01/2006 Committee substitute printed 063965732-S1
  • 02/01/2006 Constitutional reading dispensed (39-Y 0-N)
  • 02/01/2006 VOTE: (39-Y 0-N)
  • 02/02/2006 Read second time
  • 02/02/2006 Reading of substitute waived
  • 02/02/2006 Committee substitute agreed to 063965732-S1
  • 02/02/2006 Reading of amendment waived
  • 02/02/2006 Amendment by Senator Hanger agreed to
  • 02/02/2006 Engrossed by Senate - committee substitute with amendment SB417ES1
  • 02/02/2006 Printed as engrossed 063965732-ES1
  • 02/03/2006 Read third time and passed Senate (39-Y 0-N)
  • 02/03/2006 VOTE: (39-Y 0-N)
  • 02/03/2006 Communicated to House
  • 02/14/2006 Placed on Calendar
  • 02/14/2006 Read first time
  • 02/14/2006 Referred to Committee on Finance
  • 02/17/2006 Fiscal impact statement from TAX (SB417ES1)
  • 02/27/2006 Reported from Finance with substitute (22-Y 0-N)
  • 02/27/2006 Committee substitute printed 065232448-H1
  • 02/28/2006 Read second time
  • 03/01/2006 Read third time
  • 03/01/2006 Committee substitute agreed to 065232448-H1
  • 03/01/2006 Engrossed by House - committee substitute SB417H1
  • 03/01/2006 Passed House with substitute (97-Y 1-N)
  • 03/01/2006 VOTE: PASSAGE (97-Y 1-N)
  • 03/03/2006 House substitute agreed to by Senate (39-Y 0-N)
  • 03/03/2006 VOTE: (39-Y 0-N)
  • 03/11/2006 Bill text as passed Senate and House (SB417ER)
  • 03/11/2006 Enrolled
  • 03/11/2006 Signed by Speaker
  • 03/13/2006 Signed by President
  • 03/22/2006 Fiscal impact statement from TAX (SB417ER)
  • 04/03/2006 G Approved by Governor-Chapter 375 (effective 7/1/06)
  • 04/05/2006 G Acts of Assembly Chapter text (CHAP0375)