Major business facility job tax credit; extends time credit may be taken over a two-year period. (SB368)

Introduced By

Sen. Bryce Reeves (R-Spotsylvania) with support from co-patrons Del. Tom Garrett (R-Louisa), Sen. Dick Black (R-Leesburg), and Sen. Richard Stuart (R-Westmoreland)

Progress

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

Description

Major business facility job tax credit.  Extends the time during which the major business facility job tax credit may be taken over a two-year period from December 31, 2012, to December 31, 2014. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/11/2012Prefiled and ordered printed; offered 01/11/12
01/11/2012Prefiled and ordered printed; offered 01/11/12 12102522D
01/11/2012Referred to Committee on Finance
01/23/2012Impact statement from TAX (SB368)
02/07/2012Reported from Finance (15-Y 0-N) (see vote tally)
02/08/2012Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/09/2012Read second time and engrossed
02/10/2012Read third time and passed Senate (40-Y 0-N) (see vote tally)
02/15/2012Impact statement from TAX (SB368)
02/17/2012Placed on Calendar
02/17/2012Read first time
02/17/2012Referred to Committee on Finance
02/20/2012Assigned Finance sub: #3
02/27/2012Reported from Finance (20-Y 0-N) (see vote tally)
02/28/2012Read second time
02/29/2012Read third time
02/29/2012Passed House (81-Y 16-N)
02/29/2012VOTE: PASSAGE (81-Y 16-N) (see vote tally)
03/05/2012Enrolled
03/05/2012Bill text as passed Senate and House (SB368ER)
03/05/2012Signed by Speaker
03/06/2012Impact statement from TAX (SB368ER)
03/07/2012Signed by President
03/30/2012G Approved by Governor-Chapter 475 (effective 7/1/12)
03/30/2012G Acts of Assembly Chapter text (CHAP0475)

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 7 minutes.

Duplicate Bills

The following bills are identical to this one: HB714.