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Search 2008 Bills:

HB351: Income tax, state; exemption for launch services and payload to space flight participants.

Chief Patron

Del. Mark Cole (R-Fredericksburg)

Mark Cole (R-Fredericksburg)
Served: 2002–

Progress

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

Status

01/15/2008: In Finance Committee

View Entire History

Summary

Income tax exemption for launch services and payload.  Grants an income tax exemption for income resulting from the sale of launch services to space flight participants or launch services intended to provide individuals the training or experience of a launch, without performing an actual launch. The bill also grants an income tax exemption for any gain recognized as a result of resupply services contracts for delivering payload entered into with the Commercial Orbital Transportation Services division of the National Aeronautics and Space Administration or other space flight entity.

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Video

Votes were cast on this bill on the following dates for which Richmond Sunlight has video: 01/14/2008, 02/04/2008 and 02/04/2008.

Poll Results

1 vote

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Tags

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Bill Text

Related Bills

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    Introduced: December 28, 2007
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  • SB582
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    Status: signed by governor
    : Income tax, state; conformity of system with Internal Revenue Code.
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