Local Defense Production Zone; created and creates a separate classification of machinery and tools. (SB999)
Introduced By
Sen. Walter Stosch (R-Glen Allen)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Local incentives for the design, development, or production of goods for national defense. Creates a separate classification of machinery and tools designed and used directly in manufacturing or processing materials, components, or equipment for national defense. Local governments would be authorized to tax such machinery and tools at a rate that is less than the rate generally applicable to machinery and tools.
The bill also authorizes local governments to establish, by ordinance, local defense production zones including incentives and regulatory flexibility for the design, development, or production by a defense production business of materials, components, or equipment for national defense. Read the Bill »
Outcome
History
Date | Action |
---|---|
01/11/2011 | Prefiled and ordered printed; offered 01/12/11 11103545D |
01/11/2011 | Referred to Committee on Finance |
01/18/2011 | Impact statement from TAX (SB999) |
01/19/2011 | Reported from Finance with substitute (14-Y 0-N) (see vote tally) |
01/19/2011 | Committee substitute printed 11104373D-S1 |
01/19/2011 | Incorporates SB970 |
01/20/2011 | Constitutional reading dispensed (38-Y 0-N) (see vote tally) |
01/21/2011 | Read second time |
01/21/2011 | Reading of substitute waived |
01/21/2011 | Committee substitute agreed to 11104373D-S1 |
01/21/2011 | Engrossed by Senate - committee substitute SB999S1 |
01/24/2011 | Read third time and passed Senate (38-Y 0-N) (see vote tally) |
02/07/2011 | Placed on Calendar |
02/07/2011 | Read first time |
02/07/2011 | Referred to Committee on Finance |
02/08/2011 | Assigned Finance sub: #2 |
02/08/2011 | Impact statement from TAX (SB999S1) |
02/09/2011 | Subcommittee recommends reporting (10-Y 0-N) |
02/14/2011 | Reported from Finance (21-Y 0-N) (see vote tally) |
02/15/2011 | Read second time |
02/16/2011 | Read third time |
02/16/2011 | Passed House (96-Y 0-N 1-A) |
02/16/2011 | VOTE: PASSAGE (96-Y 0-N 1-A) (see vote tally) |
02/21/2011 | Enrolled |
02/21/2011 | Bill text as passed Senate and House (SB999ER) |
02/21/2011 | Signed by Speaker |
02/22/2011 | Signed by President |
03/02/2011 | Impact statement from TAX (SB999ER) |
03/26/2011 | Governor's recommendation received by Senate |
04/05/2011 | Placed on Calendar |
04/06/2011 | Senate concurred in Governor's recommendations #2, #3 (40-Y 0-N) (see vote tally) |
04/06/2011 | Senate rejected Governor's recommendation #1 (3-Y 37-N) (see vote tally) |
04/06/2011 | Reconsideration of Governor's recommendation #1 agreed to (40-Y 0-N) (see vote tally) |
04/06/2011 | Senate rejected Governor's recommendation #1 (0-Y 40-N) (see vote tally) |
04/06/2011 | House concurred in Governor's recommendation Amendments #2,3 (95-Y 0-N 1-A) |
04/06/2011 | VOTE: ADOPTION (95-Y 0-N 1-A) (see vote tally) |
04/06/2011 | G Governor's recommendation adopted in-part |
04/06/2011 | Communicated to Governor |
04/06/2011 | Reenrolled |
04/06/2011 | Reenrolled bill text (SB999ER2) |
04/06/2011 | Signed by President as reenrolled |
04/06/2011 | Signed by Speaker as reenrolled |
04/29/2011 | G Approved by Governor-Chapter 877 (effective 7/1/11) |
04/29/2011 | G Acts of Assembly Chapter text (CHAP0877) |
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 45 seconds.