Retaliatory costs tax credit; extends carry-over period to 10 years. (SB1246)
Introduced By
Sen. Walter Stosch (R-Glen Allen) with support from co-patrons Del. John O'Bannon (R-Richmond), Sen. Ken Cuccinelli (R-Fairfax), and Sen. Steve Newman (R-Forest)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Retaliatory costs tax credit. Extends the carry-over period from five years to 10 years, allowing taxpayers an additional five years to carry over credit amounts they have not taken. The new 10 year period is applicable to credits allowed before or after January 1, 2009. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/13/2009 | Prefiled and ordered printed; offered 01/14/09 094458812 |
01/13/2009 | Referred to Committee on Finance |
01/26/2009 | Impact statement from TAX (SB1246) |
01/27/2009 | Reported from Finance (13-Y 0-N) (see vote tally) |
01/28/2009 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
01/29/2009 | Read second time and engrossed |
01/30/2009 | Read third time and passed Senate (39-Y 0-N) (see vote tally) |
02/06/2009 | Impact statement from TAX (SB1246) |
02/11/2009 | Placed on Calendar |
02/11/2009 | Read first time |
02/11/2009 | Referred to Committee on Finance |
02/11/2009 | Assigned Finance sub: 1 |
02/11/2009 | Subcommittee recommends reporting |
02/16/2009 | Reported from Finance (22-Y 0-N) (see vote tally) |
02/17/2009 | Read second time |
02/18/2009 | Read third time |
02/18/2009 | Passed House BLOCK VOTE (98-Y 0-N) |
02/18/2009 | VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally) |
02/23/2009 | Enrolled |
02/23/2009 | Bill text as passed Senate and House (SB1246ER) |
02/23/2009 | Impact statement from TAX (SB1246ER) |
02/24/2009 | Signed by Speaker |
02/25/2009 | Signed by President |
03/27/2009 | G Approved by Governor-Chapter 567 (effective 7/1/09) |
03/27/2009 | G Acts of Assembly Chapter text (CHAP0567) |