Sunday, July 20, 2008
The General Assembly is not in session.
Tracking Virginia’s General Assembly
since 2007.
HB2666: Machinery and tools; classification as intangible personal property.
Chief Patron
Del.
Harry Purkey (R-82)
Harry Purkey
(R-82)
Virginia Beach, VA
Served: 1986–
Progress
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Introduced |
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Passed Committee |
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Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Status
Bill is Dead
Summary
Machinery and tools taxation. Exempts certified pollution control equipment and facilities, placed in service on or after January 1, 2009, from state and local taxation pursuant to subsection d of Section 6 of Article X of the Constitution of Virginia. The measure also provides that certain machinery and tools placed in service on or after January 1, 2009, are taxable as intangible personal property, thereby excluding such property from local taxation.
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Poll Results
No Richmond Sunlight visitors voted on this bill while voting was open.
