Income tax, state; international trade facility tax credit. (SB1136)
Introduced By
Sen. Frank Wagner (R-Virginia Beach)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Income tax; international trade facility tax credit. Grants an income tax credit of $3,000 for every employee hired by Virginia shippers when employment is based on increasing cargo moving through a Virginia port by at least 10%. The credit will become available for taxable years on and after January 1, 2011, but before January 1, 2015. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/12/2011 | Prefiled and ordered printed; offered 01/12/11 11101308D |
01/12/2011 | Referred to Committee on Finance |
01/24/2011 | Impact statement from TAX (SB1136) |
01/31/2011 | Fiscal impact review from JLARC (SB1136) |
02/02/2011 | Reported from Finance with substitute (11-Y 4-N) (see vote tally) |
02/02/2011 | Committee substitute printed 11105072D-S1 |
02/03/2011 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
02/04/2011 | Read second time |
02/04/2011 | Reading of substitute waived |
02/04/2011 | Committee substitute agreed to 11105072D-S1 |
02/04/2011 | Engrossed by Senate - committee substitute SB1136S1 |
02/07/2011 | Read third time and passed Senate (37-Y 3-N) (see vote tally) |
02/07/2011 | Reconsideration of passage agreed to by Senate (40-Y 0-N) (see vote tally) |
02/07/2011 | Passed Senate (35-Y 5-N) (see vote tally) |
02/09/2011 | Placed on Calendar |
02/09/2011 | Read first time |
02/09/2011 | Referred to Committee on Finance |
02/11/2011 | Impact statement from TAX (SB1136S1) |
02/14/2011 | Reported from Finance with amendments (18-Y 2-N) (see vote tally) |
02/15/2011 | Read second time |
02/16/2011 | Read third time |
02/16/2011 | Committee amendments agreed to |
02/16/2011 | Engrossed by House as amended |
02/16/2011 | Passed House with amendments (75-Y 22-N) |
02/16/2011 | VOTE: PASSAGE (75-Y 22-N) (see vote tally) |
02/16/2011 | House amendments agreed to by Senate (39-Y 0-N) (see vote tally) |
02/21/2011 | Enrolled |
02/21/2011 | Bill text as passed Senate and House (SB1136ER) |
02/21/2011 | Signed by Speaker |
02/22/2011 | Signed by President |
02/23/2011 | Impact statement from TAX (SB1136ER) |
03/07/2011 | Impact statement from TAX (SB1136ER) |
03/10/2011 | G Approved by Governor-Chapter 49 (effective 7/1/11) |
03/10/2011 | G Acts of Assembly Chapter text (CHAP0049) |
Comments
Track for Caucus