Manufacturing facility; expands definition to include those used in creation of intangible property. (SB252)
Introduced By
Sen. Roscoe Reynolds (D-Martinsville) with support from co-patron Sen. Frank Ruff (R-Clarksville)
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. Read the Bill »
Outcome
History
Date | Action |
---|---|
01/12/2010 | Prefiled and ordered printed; offered 01/13/10 10102880D |
01/12/2010 | Referred to Committee on Local Government |
01/22/2010 | Impact statement from DPB (SB252) |
01/26/2010 | Reported from Local Government with amendment (15-Y 0-N) (see vote tally) |
01/28/2010 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
01/29/2010 | Read second time |
01/29/2010 | Reading of amendment waived |
01/29/2010 | Committee amendment agreed to |
01/29/2010 | Engrossed by Senate as amended SB252E |
01/29/2010 | Printed as engrossed 10102880D-E |
02/01/2010 | Read third time and passed Senate (40-Y 0-N) (see vote tally) |
02/08/2010 | Placed on Calendar |
02/08/2010 | Read first time |
02/08/2010 | Referred to Committee on Counties, Cities and Towns |
02/08/2010 | Impact statement from DPB (SB252E) |
02/19/2010 | Reported from Counties, Cities and Towns (21-Y 0-N) (see vote tally) |
02/22/2010 | Read second time |
02/23/2010 | Read third time |
02/23/2010 | Passed House BLOCK VOTE (99-Y 0-N) |
02/23/2010 | VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally) |
03/01/2010 | Enrolled |
03/01/2010 | Bill text as passed Senate and House (SB252ER) |
03/01/2010 | Impact statement from DPB (SB252ER) |
03/01/2010 | Signed by Speaker |
03/02/2010 | Signed by President |
03/11/2010 | G Acts of Assembly Chapter text (CHAP0122) |
03/13/2010 | G Approved by Governor-Chapter 122 (effective 7/1/10) |