Income tax, corporate; real estate investment trusts. (HB2504)
Introduced By
Del. Kris Amundson (D-Mount Vernon)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Corporate income tax; real estate investment trusts. Includes certain dividend income in calculating the Virginia taxable income of "Captive Real Estate Investment Trusts (REITs)" to be certain their income is taxed in the same manner as any other corporation's shareholders/owners. Read the Bill »
Outcome
Bill Has Passed
History
| Date | Action |
|---|---|
| 01/15/2009 | Committee |
| 01/15/2009 | Presented and ordered printed 091911818 |
| 01/15/2009 | Referred to Committee on Finance |
| 01/19/2009 | Impact statement from TAX (HB2504) |
| 01/20/2009 | Assigned Finance sub: 1 |
| 01/28/2009 | Subcommittee recommends reporting |
| 02/02/2009 | Reported from Finance (12-Y 10-N) (see vote tally) |
| 02/03/2009 | Read first time |
| 02/04/2009 | Read second time |
| 02/04/2009 | Passed by for the day |
| 02/05/2009 | Read second time |
| 02/05/2009 | Amendment by Delegate Amundson agreed to |
| 02/05/2009 | Engrossed by House as amended HB2504E |
| 02/05/2009 | Printed as engrossed 091911818-E |
| 02/06/2009 | Read third time and passed House (76-Y 22-N) |
| 02/06/2009 | VOTE: --- PASSAGE (76-Y 22-N) (see vote tally) |
| 02/09/2009 | Constitutional reading dispensed |
| 02/09/2009 | Referred to Committee on Finance |
| 02/12/2009 | Impact statement from TAX (HB2504E) |
| 02/17/2009 | Reported from Finance with substitute (16-Y 0-N) (see vote tally) |
| 02/17/2009 | Committee substitute printed 092928212-S1 |
| 02/18/2009 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
| 02/18/2009 | Read third time |
| 02/18/2009 | Reading of substitute waived |
| 02/18/2009 | Committee substitute agreed to 092928212-S1 |
| 02/18/2009 | Engrossed by Senate - committee substitute HB2504S1 |
| 02/18/2009 | Passed Senate with substitute (40-Y 0-N) (see vote tally) |
| 02/18/2009 | Placed on Calendar |
| 02/18/2009 | Senate substitute rejected by House (4-Y 84-N) |
| 02/18/2009 | VOTE: --- REJECTED (4-Y 84-N) (see vote tally) |
| 02/18/2009 | Senate insisted on amendment (40-Y 0-N) (see vote tally) |
| 02/18/2009 | Senate requested conference committee |
| 02/18/2009 | House acceded to request |
| 02/18/2009 | Conferees appointed by Senate |
| 02/18/2009 | Senators: Whipple, Reynolds, Quayle |
| 02/18/2009 | Conferees appointed by House |
| 02/18/2009 | Delegates: Amundson, Massie, Orrock |
| 02/20/2009 | Conference substitute printed 091954352-H1 |
| 02/23/2009 | Conference report agreed to by Senate (40-Y 0-N) (see vote tally) |
| 02/23/2009 | Conference report agreed to by House (67-Y 33-N) |
| 02/23/2009 | VOTE: --- ADOPTION (67-Y 33-N) (see vote tally) |
| 02/28/2009 | Enrolled |
| 02/28/2009 | Bill text as passed House and Senate (HB2504ER) |
| 02/28/2009 | Signed by Speaker |
| 02/28/2009 | Signed by President |
| 03/06/2009 | Impact statement from TAX (HB2504ER) |
| 03/27/2009 | G Approved by Governor-Chapter 426 (effective 7/1/09) |
| 03/27/2009 | G Acts of Assembly Chapter text (CHAP0426) |
Video
This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 2 clips in all, totaling 6 minutes.