Retail Sales and Use Tax; exemptions include certain computer equipment and enabling software. (SB130)

Introduced By

Sen. Walter Stosch (R-Glen Allen)

Progress

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

Description

Sales and use tax exemption; certain computer equipment and enabling software.  Expands the sales and use tax exemption for the purchase by certain entities of particular computer equipment by including enabling software, and clarifies what enabling hardware is covered under the current exemption by specifying that it includes chillers and backup generators. The expansion and clarification apply to purchases made on or after July 1, 2009, but prior to June 30, 2020. The bill also changes one of the conditions for the exemption by changing from July 1, 2009, to January 1, 2009, the date after which an entity is required to make a new capital investment of at least $150 million to be eligible for the exemption. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/08/2010Prefiled and ordered printed; offered 01/13/10 10102875D
01/08/2010Referred to Committee on Finance
01/17/2010Impact statement from TAX (SB130)
02/09/2010Reported from Finance with amendments (15-Y 0-N) (see vote tally)
02/10/2010Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/11/2010Read second time
02/11/2010Reading of amendments waived
02/11/2010Committee amendments agreed to
02/11/2010Engrossed by Senate as amended SB130E
02/11/2010Printed as engrossed 10102875D-E
02/12/2010Read third time and passed Senate (39-Y 0-N) (see vote tally)
02/16/2010Placed on Calendar
02/16/2010Read first time
02/16/2010Referred to Committee on Finance
02/17/2010Assigned Finance sub: #1
02/24/2010Impact statement from TAX (SB130E)
02/24/2010Subcommittee recommends reporting (9-Y 0-N)
03/01/2010Reported from Finance (21-Y 0-N) (see vote tally)
03/02/2010Read second time
03/03/2010Read third time
03/03/2010Passed House (95-Y 0-N 1-A)
03/03/2010VOTE: --- PASSAGE (95-Y 0-N 1-A) (see vote tally)
03/04/2010Impact statement from TAX (SB130ER)
03/11/2010Enrolled
03/11/2010Bill text as passed Senate and House (SB130ER)
03/11/2010Signed by Speaker
03/13/2010Signed by President
03/18/2010Impact statement from TAX (SB130ER)
04/13/2010Governor's recommendation received by Senate
04/20/2010Placed on Calendar
04/21/2010Senate concurred in Governor's recommendation (40-Y 0-N) (see vote tally)
04/21/2010House concurred in Governor's recommendation (93-Y 1-N 1-A)
04/21/2010VOTE: --- ADOPTION (93-Y 1-N 1-A) (see vote tally)
04/21/2010G Governor's recommendation adopted
04/21/2010Reenrolled
04/21/2010Reenrolled bill text (SB130ER2)
04/21/2010Signed by Speaker as reenrolled
04/21/2010Signed by President as reenrolled
04/21/2010Enacted, Chapter 784 (effective 7/1/10)
04/21/2010G Acts of Assembly Chapter text (CHAP0784)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 2 clips in all, totaling 2 minutes.

Duplicate Bills

The following bills are identical to this one: HB302.