Insurance premiums tax; retaliatory costs tax credit. (HB2335)

Introduced By

Del. Scott Garrett (R-Lynchburg)

Progress

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

Description

Insurance premiums tax; retaliatory costs tax credit.  Enhances the retaliatory tax credit for the insurance premiums tax by increasing the amount of the refund for certain taxpayers receiving the credit in 2000, beginning in taxable year 2011, from a maximum of $800,000 to $7 million annually. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/12/2011Committee
01/12/2011Prefiled and ordered printed; offered 01/12/11 11103424D
01/12/2011Referred to Committee on Finance
01/19/2011Assigned Finance sub: #1
01/23/2011Impact statement from TAX (HB2335)
01/26/2011Subcommittee recommends reporting with amendment(s) (11-Y 0-N)
02/02/2011Reported from Finance with amendment (21-Y 0-N) (see vote tally)
02/04/2011Read first time
02/07/2011Read second time
02/07/2011Committee amendment agreed to
02/07/2011Engrossed by House as amended HB2335E
02/07/2011Printed as engrossed 11103424D-E
02/08/2011Read third time and passed House (99-Y 0-N)
02/08/2011VOTE: PASSAGE (99-Y 0-N) (see vote tally)
02/09/2011Impact statement from TAX (HB2335E)
02/09/2011Constitutional reading dispensed
02/09/2011Referred to Committee on Finance
02/15/2011Reported from Finance (11-Y 0-N) (see vote tally)
02/16/2011Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/16/2011Read third time
02/16/2011Passed Senate (38-Y 0-N) (see vote tally)
02/16/2011Reconsideration of Senate passage agreed to by Senate (40-Y 0-N) (see vote tally)
02/16/2011Passed Senate (40-Y 0-N) (see vote tally)
02/22/2011Enrolled
02/22/2011Bill text as passed House and Senate (HB2335ER)
02/22/2011Signed by Speaker
02/23/2011Signed by President
03/02/2011Impact statement from TAX (HB2335ER)
03/26/2011Governor's recommendation received by House
04/05/2011Placed on Calendar
04/06/2011House concurred in Governor's recommendation (99-Y 0-N)
04/06/2011VOTE: ADOPTION (99-Y 0-N) (see vote tally)
04/06/2011Senate concurred in Governor's recommendation (40-Y 0-N) (see vote tally)
04/06/2011G Governor's recommendation adopted
04/06/2011Reenrolled
04/06/2011Reenrolled bill text (HB2335ER2)
04/06/2011Signed by Speaker as reenrolled
04/06/2011Signed by President as reenrolled
04/06/2011Enacted, Chapter 817 (effective 7/1/11)
04/06/2011G Acts of Assembly Chapter text (CHAP0817)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 4 clips in all, totaling 3 minutes.

Duplicate Bills

The following bills are identical to this one: SB1359.