Insurance premiums tax; retaliatory costs tax credit. (SB1359)
Introduced By
Sen. Walter Stosch (R-Glen Allen)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
☐ |
Signed by Governor |
✓ |
Became Law |
Description
Insurance premiums tax; retaliatory costs tax credit. Enhances the retaliatory tax credit for the insurance premiums tax by increasing the amount of the refund for certain taxpayers receiving the credit in 2000, beginning in taxable year 2011, from a maximum of $800,000 to $7 million annually. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/12/2011 | Prefiled and ordered printed; offered 01/12/11 11103423D |
01/12/2011 | Referred to Committee on Finance |
01/23/2011 | Impact statement from TAX (SB1359) |
02/02/2011 | Reported from Finance with amendment (15-Y 0-N) (see vote tally) |
02/03/2011 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
02/04/2011 | Read second time |
02/04/2011 | Reading of amendment waived |
02/04/2011 | Committee amendment agreed to |
02/04/2011 | Engrossed by Senate as amended SB1359E |
02/04/2011 | Printed as engrossed 11103423D-E |
02/07/2011 | Read third time and passed Senate (39-Y 0-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 (40-Y 0-N) (see vote tally) |
02/09/2011 | Placed on Calendar |
02/09/2011 | Read first time |
02/09/2011 | Referred to Committee on Finance |
02/09/2011 | Impact statement from TAX (SB1359E) |
02/14/2011 | Reported from Finance (22-Y 0-N) (see vote tally) |
02/15/2011 | Read second time |
02/16/2011 | Read third time |
02/16/2011 | Amendment by Delegate Morrissey rejected |
02/16/2011 | Passed House (95-Y 2-N) |
02/16/2011 | VOTE: PASSAGE (95-Y 2-N) (see vote tally) |
02/21/2011 | Enrolled |
02/21/2011 | Bill text as passed Senate and House (SB1359ER) |
02/21/2011 | Signed by Speaker |
02/22/2011 | Signed by President |
02/23/2011 | Impact statement from TAX (SB1359ER) |
03/26/2011 | Governor's recommendation received by Senate |
04/05/2011 | Placed on Calendar |
04/06/2011 | Senate concurred in Governor's recommendation (40-Y 0-N) (see vote tally) |
04/06/2011 | House concurred in Governor's recommendation (97-Y 0-N) |
04/06/2011 | VOTE: ADOPTION (97-Y 0-N) (see vote tally) |
04/06/2011 | G Governor's recommendation adopted |
04/06/2011 | Reenrolled |
04/06/2011 | Reenrolled bill text (SB1359ER2) |
04/06/2011 | Signed by President as reenrolled |
04/06/2011 | Signed by Speaker as reenrolled |
04/06/2011 | Enacted, Chapter 863 (effective 7/1/11) |
04/06/2011 | G Acts of Assembly Chapter text (CHAP0863) |
Video
This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 15 minutes.