Personal property, tangible; establishes separate class for certain aircraft. (HB862)

Introduced By

Del. Kathy Byron (R-Lynchburg)

Progress

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

Description

Personal property tax; classification of certain aircraft. Creates a separate classification for personal property tax rate purposes for aircraft having a registered empty gross weight equal to or greater than 20,000 pounds that are not owned and operated by scheduled air carriers recognized under federal law. Localities are thereby authorized to set a tax rate for such aircraft at any rate that does not exceed that applicable to the general class of tangible personal property. Read the Bill »

Status

03/24/2006: signed by governor

History

DateAction
01/10/2006Prefiled and ordered printed; offered 01/11/06 065143256
01/10/2006Referred to Committee on Finance
01/17/2006Fiscal impact statement from TAX (HB862)
01/18/2006Assigned to Finance sub-committee: #1 (Orrock)
01/30/2006Reported from Finance with amendment (20-Y 0-N)
01/31/2006Read first time
02/01/2006Read second time
02/01/2006Committee amendment agreed to
02/01/2006Emergency clause added
02/01/2006Engrossed by House as amended HB862E
02/01/2006Printed as engrossed 065143256-E
02/02/2006Read third time and passed House BLOCK VOTE (100-Y 0-N)
02/02/2006VOTE: BLOCK VOTE PASSAGE (100-Y 0-N)
02/02/2006Communicated to Senate
02/03/2006Constitutional reading dispensed
02/03/2006Referred to Committee on Finance
02/14/2006Fiscal impact statement from TAX (HB862E)
02/15/2006Reported from Finance with amendment (10-Y 0-N 1-A)
02/16/2006Constitutional reading dispensed (40-Y 0-N)
02/16/2006VOTE: (40-Y 0-N)
02/17/2006Read third time
02/17/2006Reading of amendment waived
02/17/2006Committee amendment agreed to
02/17/2006Engrossed by Senate as amended
02/17/2006Passed Senate with amendment (40-Y 0-N)
02/17/2006Reconsideration of Senate passage agreed to by Senate (40-Y 0-N)
02/17/2006VOTE: (40-Y 0-N)
02/17/2006Passed Senate with amendment (39-Y 0-N 1-A)
02/17/2006VOTE: (39-Y 0-N 1-A)
02/20/2006Placed on Calendar
02/21/2006Senate amendment agreed to by House (99-Y 0-N)
02/21/2006VOTE: ADOPTION (99-Y 0-N)
02/27/2006Bill text as passed House and Senate (HB862ER)
02/27/2006Enrolled
02/28/2006Signed by Speaker
03/01/2006Fiscal impact statement from TAX (HB862ER)
03/01/2006Signed by President
03/24/2006G Approved by Governor-Chapter 200 (effective 1/1/06)
04/03/2006G Acts of Assembly Chapter text (CHAP0200)