Manufacturing facility; expands definition to include those used in creation of intangible property. (HB318)

Introduced By

Sen. Kenneth Alexander (D-Norfolk)

Progress

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

Description

Manufacturing facility. Expands the current definition of manufacturing facility to include (i) any facility which is used in the creation or production of intangible property as described in 197(d)(1)(C)(iii) of the Internal Revenue Code of 1986, as amended, to be any patent, copyright, formula, process, design, pattern, knowhow, format, or other similar item, or (ii) a facility which is functionally related and subordinate to a manufacturing facility if such facility is located on the same site as the manufacturing facility. This definition is being expanded so that Virginia Code is consistent with the Federal American Recovery and Reinvestment Act of 2009, Section 1301. Amends § 15.2-5000, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/11/2010Prefiled and ordered printed; offered 01/13/10 10102881D
01/11/2010Referred to Committee on Counties, Cities and Towns
01/15/2010Assigned CC & T sub: #1
01/20/2010Subcommittee recommends reporting (9-Y 0-N)
01/22/2010Reported from Counties, Cities and Towns (22-Y 0-N) (see vote tally)
01/22/2010Impact statement from DPB (HB318)
01/25/2010Read first time
01/26/2010Read second time and engrossed
01/27/2010Read third time and passed House BLOCK VOTE (98-Y 0-N)
01/27/2010VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally)
01/28/2010Constitutional reading dispensed
01/28/2010Referred to Committee on Local Government
02/23/2010Reported from Local Government with amendment (15-Y 0-N) (see vote tally)
02/25/2010Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/26/2010Read third time
02/26/2010Reading of amendment waived
02/26/2010Committee amendment agreed to
02/26/2010Engrossed by Senate as amended
02/26/2010Passed Senate with amendment (39-Y 0-N) (see vote tally)
03/01/2010Placed on Calendar
03/02/2010Senate amendment agreed to by House (99-Y 0-N)
03/02/2010VOTE: --- ADOPTION (99-Y 0-N) (see vote tally)
03/09/2010Enrolled
03/09/2010Bill text as passed House and Senate (HB318ER)
03/09/2010Signed by Speaker
03/11/2010Signed by President
03/30/2010Impact statement from DPB (HB318ER)
04/10/2010G Approved by Governor-Chapter 360 (effective 7/1/10)
04/10/2010G Acts of Assembly Chapter text (CHAP0360)