Land preservation tax credit; DCR to provide estimate of land used for production agriculture, etc. (SB341)

Introduced By

Sen. Emmett Hanger (R-Mount Solon)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Land preservation tax credit; tax credit percentage.  Increases the tax credit percentage for the land preservation tax credit from 40 percent to 50 percent of the fair market value of the land or interest in land conveyed. The bill would be effective for land donations made on or after January 1, 2010. Amends § 58.1-512, of the Code of Virginia. Read the Bill »


Bill Has Passed


01/12/2010Prefiled and ordered printed; offered 01/13/10 10102075D
01/12/2010Referred to Committee on Finance
01/20/2010Impact statement from TAX (SB341)
01/26/2010Impact statement from TAX (SB341)
01/27/2010Reported from Finance with substitute (9-Y 6-N) (see vote tally)
01/27/2010Committee substitute printed 10104680D-S1
01/28/2010Constitutional reading dispensed (40-Y 0-N) (see vote tally)
01/29/2010Read second time
01/29/2010Reading of substitute waived
01/29/2010Committee substitute agreed to 10104680D-S1
01/29/2010Engrossed by Senate - committee substitute SB341S1
02/01/2010Passed by for the day
02/02/2010Passed by for the day
02/03/2010Passed by for the day
02/04/2010Engrossment reconsidered by Senate (40-Y 0-N) (see vote tally)
02/04/2010Passed by for the day
02/08/2010Read second time
02/08/2010Passed by for the day
02/09/2010Read second time
02/09/2010Passed by for the day
02/10/2010Read second time
02/10/2010Committee substitute reconsidered (39-Y 0-N) (see vote tally)
02/10/2010Committee substitute rejected 10104680D-S1
02/10/2010Floor substitute printed 10105262D-S2 (Hanger)
02/10/2010Reading of substitute waived
02/10/2010Substitute by Senator Hanger agreed to 10105262D-S2
02/10/2010Engrossed by Senate - floor substitute SB341S2
02/11/2010Read third time and passed Senate (39-Y 1-N) (see vote tally)
02/14/2010Impact statement from TAX (SB341S2)
02/16/2010Placed on Calendar
02/16/2010Read first time
02/16/2010Referred to Committee on Finance
02/17/2010Assigned Finance sub: #2
02/24/2010Subcommittee recommends reporting with amendment(s) (10-Y 0-N)
03/01/2010Reported from Finance with amendment (22-Y 0-N) (see vote tally)
03/02/2010Read second time
03/03/2010Read third time
03/03/2010Committee amendment agreed to
03/03/2010Engrossed by House as amended
03/03/2010Passed House with amendment BLOCK VOTE (99-Y 0-N)
03/03/2010VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally)
03/03/2010Passed by temporarily
03/03/2010House amendment agreed to by Senate (39-Y 0-N) (see vote tally)
03/05/2010Impact statement from TAX (SB341ER)
03/11/2010Bill text as passed Senate and House (SB341ER)
03/11/2010Signed by Speaker
03/13/2010Signed by President
04/10/2010G Approved by Governor-Chapter 384 (effective 7/1/10)
04/10/2010G Acts of Assembly Chapter text (CHAP0384)


This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 6 clips in all, totaling 6 minutes.