Aircraft sales and use tax; exemption for qualified companies headquartered in Virginia. (HB2221)
Introduced By
Del. Glenn Oder (R-Newport News)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Aircraft sales and use tax; exemptions. Creates an exemption from the aircraft sales and use tax for qualified companies that are headquartered in Virginia, make a minimum of a $4 million capital investment in Virginia, create at least 50 new jobs in Virginia, and enter into a memorandum of agreement with the Virginia Economic Development Partnership. The bill also creates an exemption from the aircraft sales and use tax for aircraft that are purchased in Virginia, but are registered outside of the Commonwealth and removed from the Commonwealth within 60 days of purchase. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/12/2011 | Committee |
01/12/2011 | Prefiled and ordered printed; offered 01/12/11 11103599D |
01/12/2011 | Referred to Committee on Finance |
01/19/2011 | Assigned Finance sub: #2 |
01/31/2011 | Impact statement from TAX (HB2221) |
01/31/2011 | Subcommittee recommends reporting with amendment(s) (6-Y 2-N) |
02/02/2011 | Reported from Finance with substitute (19-Y 2-N) (see vote tally) |
02/02/2011 | Committee substitute printed 11104174D-H1 |
02/04/2011 | Read first time |
02/07/2011 | Read second time |
02/07/2011 | Committee substitute agreed to 11104174D-H1 |
02/07/2011 | Engrossed by House - committee substitute HB2221H1 |
02/08/2011 | Read third time and passed House (85-Y 14-N) |
02/08/2011 | VOTE: PASSAGE (85-Y 14-N) (see vote tally) |
02/09/2011 | Impact statement from TAX (HB2221H1) |
02/09/2011 | Constitutional reading dispensed |
02/09/2011 | Referred to Committee on Finance |
02/15/2011 | Reported from Finance (11-Y 0-N) (see vote tally) |
02/16/2011 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
02/16/2011 | Read third time |
02/16/2011 | Passed Senate (38-Y 0-N) (see vote tally) |
02/16/2011 | Reconsideration of Senate passage agreed to by Senate (40-Y 0-N) (see vote tally) |
02/16/2011 | Passed Senate (40-Y 0-N) (see vote tally) |
02/22/2011 | Enrolled |
02/22/2011 | Bill text as passed House and Senate (HB2221ER) |
02/22/2011 | Signed by Speaker |
02/23/2011 | Impact statement from TAX (HB2221ER) |
02/23/2011 | Signed by President |
03/24/2011 | G Approved by Governor-Chapter 492 (effective 7/1/11) |
03/24/2011 | G Acts of Assembly Chapter text (CHAP0492) |