Neighborhood Assistance Act Tax Credit; amends definition of impoverished people. (SB863)
Introduced By
Sen. Frank Wagner (R-Virginia Beach)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Neighborhood Assistance Act Tax Credit; definition of impoverished people. Amends the definition of "impoverished people." Currently the definition differs based on what type of proposal is being submitted by a nonprofit entity requesting an allocation of tax credits under the Neighborhood Assistance Act Tax Credit. This legislation would eliminate any differences and define "impoverished people" as individuals with family annual incomes not in excess of 200 percent of the current poverty guidelines. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/10/2011 | Prefiled and ordered printed; offered 01/12/11 11102034D |
01/10/2011 | Referred to Committee on Finance |
01/17/2011 | Impact statement from TAX (SB863) |
01/18/2011 | Reported from Finance (11-Y 0-N) (see vote tally) |
01/19/2011 | Constitutional reading dispensed (38-Y 0-N) (see vote tally) |
01/20/2011 | Read second time and engrossed |
01/21/2011 | Read third time and passed Senate (35-Y 0-N) (see vote tally) |
01/21/2011 | Reconsideration of passage agreed to by Senate (35-Y 0-N) (see vote tally) |
01/21/2011 | Passed Senate (35-Y 0-N) (see vote tally) |
02/07/2011 | Placed on Calendar |
02/07/2011 | Read first time |
02/07/2011 | Referred to Committee on Finance |
02/08/2011 | Assigned Finance sub: #3 |
02/10/2011 | Impact statement from TAX (SB863) |
02/11/2011 | Subcommittee recommends reporting (5-Y 0-N) |
02/14/2011 | Reported from Finance (21-Y 1-N) (see vote tally) |
02/15/2011 | Read second time |
02/16/2011 | Read third time |
02/16/2011 | Passed House (93-Y 4-N) |
02/16/2011 | VOTE: PASSAGE (93-Y 4-N) (see vote tally) |
02/21/2011 | Enrolled |
02/21/2011 | Bill text as passed Senate and House (SB863ER) |
02/21/2011 | Signed by Speaker |
02/22/2011 | Signed by President |
03/02/2011 | Impact statement from TAX (SB863ER) |
03/21/2011 | G Approved by Governor-Chapter 312 (effective 7/1/11) |
03/21/2011 | G Acts of Assembly Chapter text (CHAP0312) |
Comments
The Virginia Housing Coalition is lending its support to this bill.