Legislation; prohibits any committee of General Assembly from reporting new state tax credit, etc. (HB246)
Introduced By
Del. Ben Cline (R-Amherst) with support from 8 copatrons, whose average partisan position is:
Those copatrons are Del. Bob Brink (D-Arlington), Del. Mark Cole (R-Fredericksburg), Del. David Englin (D-Alexandria), Del. Mark Keam (D-Vienna), Del. Steve Landes (R-Weyers Cave), Del. Chris Peace (R-Mechanicsville), Sen. Jennifer McClellan (D-Richmond), Sen. Scott Surovell (D-Mount Vernon)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Sunset provisions on state tax credits and estimates of revenue loss by state Tax Commissioner. Prohibits any committee of the General Assembly from reporting a new state tax credit or renewing an existing state tax credit unless such bill contains an expiration date of not longer than five years from the effective date of the new or renewed state tax credit. Requires the State Tax Commissioner to report annually the estimated revenue loss of each state tax credit that is scheduled to expire in the next two calendar years.
Outcome
History
Date | Action |
---|---|
01/10/2012 | Prefiled and ordered printed; offered 01/11/12 12102590D |
01/10/2012 | Referred to Committee on Finance |
01/12/2012 | Assigned Finance sub: Subcommittee #1 |
01/27/2012 | Impact statement from TAX (HB246) |
02/01/2012 | Subcommittee recommends reporting with amendment(s) (10-Y 0-N) |
02/06/2012 | Reported from Finance with amendments (22-Y 0-N) (see vote tally) |
02/07/2012 | Read first time |
02/08/2012 | Read second time |
02/08/2012 | Committee amendments agreed to |
02/08/2012 | Engrossed by House as amended HB246E |
02/08/2012 | Printed as engrossed 12102590D-E |
02/09/2012 | Read third time and passed House BLOCK VOTE (98-Y 0-N) |
02/09/2012 | VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally) |
02/10/2012 | Constitutional reading dispensed |
02/10/2012 | Referred to Committee on Finance |
02/20/2012 | Impact statement from TAX (HB246E) |
02/21/2012 | Reported from Finance (15-Y 0-N) (see vote tally) |
02/22/2012 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
02/23/2012 | Read third time |
02/23/2012 | Passed Senate (40-Y 0-N) (see vote tally) |
02/28/2012 | Enrolled |
02/28/2012 | Bill text as passed House and Senate (HB246ER) |
02/28/2012 | Impact statement from TAX (HB246ER) |
02/28/2012 | Signed by Speaker |
02/29/2012 | Signed by President |
03/20/2012 | G Approved by Governor-Chapter 265 (effective 7/1/12) |
03/20/2012 | G Acts of Assembly Chapter text (CHAP0265) |
Comments
very good idea!