Wednesday, July 9, 2008
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Tracking Virginia’s General Assembly
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HB874: Income tax, state; exemption for launch services and payload to space flight participants.
Chief Patron
Del.
Joseph Johnson (D-4)
Joseph Johnson
(D-4)
Abingdon, VA
Served: 1990–
Progress
 |
Introduced |
 |
Passed Committee |
|
Passed House |
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Passed Senate |
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Signed by Governor |
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Became Law |
Status
01/15/2008: In Finance Committee
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.
View Full Text »Video
Votes were cast on this bill on the following dates for which Richmond Sunlight has video: 02/04/2008 and 02/04/2008.
Identical Bills
The following bills are identical to this one: HB351
Introduced: 2008-01-04
Status: in subcommittee
Introduced: 2008-01-08
Status: signed by governor
Poll Results
No Richmond Sunlight visitors voted on this bill while voting was open.
Tags
Bill Text
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