Machinery and tools taxation; exempts certified pollution control equipment and facilities. (HB124)
Introduced By
Del. Bob Purkey (R-Virginia Beach) with support from co-patron Del. Brian Moran (D-Alexandria)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Machinery and tools taxation. Exempts certified pollution control equipment and facilities, placed in service on or after January 1, 2010, from state and local taxation pursuant to Article X, Section 6 (d) of the Constitution of Virginia. The measure also provides that certain machinery and tools placed in service on or after January 1, 2010, are taxable as intangible personal property, thereby excluding such property from local taxation. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
12/20/2007 | Prefiled and ordered printed; offered 01/09/08 088345692 |
12/20/2007 | Referred to Committee on Finance |
01/14/2008 | Impact statement from TAX (HB124) |
01/15/2008 | Assigned Finance sub: 1 |
02/04/2008 | Reported from Finance (22-Y 0-N) (see vote tally) |
02/04/2008 | Referred to Committee on Appropriations |
02/08/2008 | Continued to 2009 in Appropriations |
12/04/2008 | Left in Appropriations |