Income tax, state; advances conformity with federal law. (HB516)

Introduced By

Del. Bob Purkey (R-Virginia Beach)

Progress

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

Description

Income taxes.  Advances the date as of which Virginia income tax laws conform with the Internal Revenue Code from December 31, 2010, to December 31, 2011; restores conformity to certain provisions of the federal earned income tax credit for taxable year 2011 for purposes of Virginia's low-income taxpayer income tax credit; and reinstates the age deduction for individuals born on or before January 1, 1939, that was inadvertently deleted by Chapter 851 of the Acts of Assembly of 2011. The bill contains an emergency clause. Amends § 58.1-301, § 58.1-322, of the Code of Virginia. View Full Text »

Outcome

Bill Has Passed

History

  • 01/10/2012 Committee
  • 01/10/2012 Prefiled and ordered printed with emergency clause; offered 01/11/12 12103510D
  • 01/10/2012 Referred to Committee on Finance
  • 01/12/2012 Impact statement from TAX (HB516)
  • 01/16/2012 Reported from Finance (22-Y 0-N) (see vote tally)
  • 01/17/2012 Read first time
  • 01/18/2012 Read second time
  • 01/18/2012 Speaker ruled Amendment by Delegate Marshall, R.G. not germane
  • 01/18/2012 Engrossed by House
  • 01/19/2012 Read third time and passed House (98-Y 2-N)
  • 01/19/2012 VOTE: PASSAGE EMERGENCY (98-Y 2-N) (see vote tally)
  • 01/20/2012 Constitutional reading dispensed
  • 01/20/2012 Referred to Committee on Finance
  • 01/23/2012 Impact statement from TAX (HB516)
  • 01/24/2012 Reported from Finance (15-Y 0-N) (see vote tally)
  • 01/25/2012 Read second time
  • 01/26/2012 Read third time
  • 01/26/2012 Passed Senate (39-Y 1-N) (see vote tally)
  • 01/26/2012 Reconsideration of Senate passage agreed to by Senate (40-Y 0-N) (see vote tally)
  • 01/26/2012 Passed Senate (40-Y 0-N) (see vote tally)
  • 01/27/2012 Enrolled
  • 01/27/2012 Bill text as passed House and Senate (HB516ER)
  • 01/27/2012 Signed by Speaker
  • 01/30/2012 Signed by President
  • 01/30/2012 Impact statement from TAX (HB516ER)
  • 02/07/2012 G Approved by Governor-Chapter 2 (effective 2/7/12)
  • 02/07/2012 G Acts of Assembly Chapter text (CHAP0002)

Duplicate Bills

The following bills are identical duplicates of this one: SB463.