Machinery and tools tax; provides uniform statewide statutory classification for idle machinery. (HB2181)

Introduced By

Del. Chris Saxman (R-Staunton)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Machinery and tools tax; idle machinery and tools; emergency clause. Provides a uniform statewide statutory classification and taxation for idle machinery and tools on a prospective basis by allowing such machinery and tools to be taxed as capital as long as they have not been used for at least one year prior to tax day and they have been identified in writing by the taxpayer to the commissioner of the revenue as such. The bill has an emergency clause. Read the Bill »


03/09/2007: signed by governor


01/09/2007Prefiled and ordered printed with emergency clause; offered 01/10/07 07713212" HB2181"
01/09/2007Prefiled and ordered printed with emergency clause; offered 01/10/07 077132129
01/09/2007Referred to Committee on Finance
01/18/2007Assigned Finance sub: #2 (Ware, R.L.)
01/18/2007Impact statement from TAX (HB2181)
02/02/2007Read first time
02/03/2007Read second time
02/03/2007Committee amendment agreed to
02/03/2007Engrossed by House as amended HB2181E
02/03/2007Printed as engrossed 077132129-E
02/05/2007Read third time and passed House (96-Y 2-N)
02/05/2007Communicated to Senate
02/06/2007Constitutional reading dispensed
02/06/2007Referred to Committee on Finance
02/07/2007Impact statement from TAX (HB2181E)
02/15/2007Constitutional reading dispensed (35-Y 0-N)
02/15/2007VOTE: (35-Y 0-N) (see vote tally)
02/16/2007Read third time
02/16/2007Passed Senate (38-Y 0-N)
02/16/2007VOTE: (38-Y 0-N) (see vote tally)
02/16/2007Reconsideration of Senate passage agreed to by Senate (39-Y 0-N)
02/16/2007Passed Senate (39-Y 0-N)
02/16/2007VOTE: (39-Y 0-N) (see vote tally)
02/23/2007Bill text as passed House and Senate (HB2181ER)
02/24/2007Signed by Speaker
02/26/2007Signed by Speaker
02/26/2007Impact statement from TAX (HB2181ER)
02/26/2007Signed by President
02/28/2007Signed by President
03/09/2007G Approved by Governor-Chapter 191 (effective 7/1/07)
03/09/2007G Approved by Governor-Chapter 191 (effective 1/1/07)
03/14/2007G Acts of Assembly Chapter text (CHAP0191)

Duplicate Bills

The following bills are identical to this one: SB1151.


Gil Clancy writes:

This seems like a good idea. If you've got $1M in machinery idle b/c you went out of business, it's tough to fork over $40,000 (or whatever) to the county every year in prop. taxes.

Good job, Frank Wagner. At least somebody's thinking about something besides how to make it more legally perilous to drive home from a Xmas party after having a glass of eggnog.