Biosciences and other technology industries; qualified equity and subordinated debt investments. (HB2455)
Introduced By
Del. John O'Bannon (R-Richmond)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✗ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Development of the biosciences and other technology industries in the Commonwealth; qualified equity and subordinated debt investments tax credit. Redefines "qualified business" for purposes of investments eligible for the tax credit. The bill also allocates half of the available credits for investments in qualified businesses that were created to commercialize technology-related research developed at or in partnership with an institution of higher education. This bill is a recommendation of the Joint Subcommittee Studying Biosciences and Biotechnology in the Commonwealth (HJ 248). Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/14/2009 | Committee |
01/14/2009 | Prefiled and ordered printed; offered 01/14/09 095957736 |
01/14/2009 | Referred to Committee on Science and Technology |
01/25/2009 | Impact statement from TAX (HB2455) |
01/28/2009 | Assigned S & T sub: #1 |
02/02/2009 | Subcommittee recommends reporting |
02/02/2009 | Reported from Science and Technology with amendments (20-Y 1-N) (see vote tally) |
02/04/2009 | Read first time |
02/05/2009 | Read second time |
02/05/2009 | Committee amendments #1 and #2 agreed to |
02/05/2009 | Committee amendment #3 rejected |
02/05/2009 | Passed by for the day |
02/06/2009 | Read second time |
02/06/2009 | Amendment by Delegate Vanderhye rejected (39-Y 53-N) |
02/06/2009 | VOTE: --- REJECTED (39-Y 53-N) (see vote tally) |
02/06/2009 | Amendment by Delegate O'Bannon agreed to |
02/06/2009 | Amendment by Delegate Marshall, R.G. withdrawn |
02/06/2009 | Engrossed by House as amended HB2455E |
02/06/2009 | Printed as engrossed 095957736-E |
02/08/2009 | Passed by for the day |
02/09/2009 | Read third time and passed House (99-Y 0-N) |
02/09/2009 | VOTE: --- PASSAGE (99-Y 0-N) (see vote tally) |
02/10/2009 | Impact statement from TAX (HB2455E) |
02/10/2009 | Constitutional reading dispensed |
02/10/2009 | Referred to Committee on Finance |
02/11/2009 | Constitutional reading dispensed |
02/11/2009 | Referred to Committee on Finance |
02/17/2009 | Committee substitute printed 096038212-S1 |
02/17/2009 | Reported from Finance with substitute (13-Y 2-N) (see vote tally) |
02/18/2009 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
02/19/2009 | Read third time |
02/19/2009 | Passed by for the day |
02/20/2009 | Passed by for the day |
02/23/2009 | Passed by for the day |
02/24/2009 | Read third time |
02/24/2009 | Passed by for the day |
02/25/2009 | Read third time |
02/25/2009 | Reading of substitute waived |
02/25/2009 | Committee substitute rejected 096038212-S1 |
02/25/2009 | Passed by temporarily |
02/25/2009 | Passed by for the day |
02/26/2009 | Read third time |
02/26/2009 | Passed by temporarily |
02/26/2009 | Amendment by Senator Herring withdrawn |
02/26/2009 | Passed by for the day |
02/28/2009 | No further action taken |
02/28/2009 | Failed to pass in Senate |
Comments
VaBIO Supports.