Major business facility job tax credit; extends time credit may be taken over a two-year period. (HB714)

Introduced By

Del. Terry Kilgore (R-Gate City) with support from 21 copatrons, whose average partisan position is:

Those copatrons are Del. Kathy Byron (R-Lynchburg), Del. Anne Crockett-Stark (R-Wytheville), Del. Scott Garrett (R-Lynchburg), Del. Chris Head (R-Roanoke), Del. Gordon Helsel (R-Poquoson), Del. Keith Hodges (R-Urbanna), Del. Sal Iaquinto (R-Virginia Beach), Del. Barry Knight (R-Virginia Beach), Del. Jimmie Massie (R-Richmond), Del. Don Merricks (R-Danville), Del. Randy Minchew (R-Leesburg), Del. Rick Morris (R-Carrollton), Del. Israel O'Quinn (R-Bristol), Del. John O'Bannon (R-Richmond), Del. Chris Peace (R-Mechanicsville), Del. Charles Poindexter (R-Glade Hill), Del. David Ramadan (R-South Riding), Del. Margaret Ransone (R-Kinsale), Del. Nick Rush (R-Christiansburg), Del. Tom Rust (R-Herndon), Del. Ed Scott (R-Culpeper)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Major business facility job tax credit.  Extends the time during which the major business facility job tax credit may be taken over a two-year period from December 31, 2012, to December 31, 2014. Amends § 58.1-439, of the Code of Virginia. Read the Bill »


Bill Has Passed


  • 01/11/2012 Committee
  • 01/11/2012 Prefiled and ordered printed; offered 01/11/12 12102520D
  • 01/11/2012 Referred to Committee on Finance
  • 01/20/2012 Assigned Finance sub: #3
  • 01/23/2012 Impact statement from TAX (HB714)
  • 01/27/2012 Subcommittee recommends reporting (5-Y 0-N)
  • 02/06/2012 Reported from Finance (21-Y 1-N) (see vote tally)
  • 02/07/2012 Read first time
  • 02/08/2012 Read second time and engrossed
  • 02/09/2012 Read third time and passed House (95-Y 2-N)
  • 02/09/2012 VOTE: PASSAGE (95-Y 2-N) (see vote tally)
  • 02/10/2012 Constitutional reading dispensed
  • 02/10/2012 Referred to Committee on Finance
  • 02/14/2012 Impact statement from TAX (HB714)
  • 02/15/2012 Reported from Finance (15-Y 0-N) (see vote tally)
  • 02/16/2012 Constitutional reading dispensed (39-Y 0-N) (see vote tally)
  • 02/17/2012 Read third time
  • 02/17/2012 Passed Senate (40-Y 0-N) (see vote tally)
  • 02/21/2012 Enrolled
  • 02/21/2012 Bill text as passed House and Senate (HB714ER)
  • 02/21/2012 Impact statement from TAX (HB714ER)
  • 02/21/2012 Signed by Speaker
  • 02/22/2012 Signed by President
  • 03/06/2012 G Approved by Governor-Chapter 93 (effective 7/1/12)
  • 03/06/2012 G Acts of Assembly Chapter text (CHAP0093)


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 3 minutes.

Duplicate Bills

The following bills are identical to this one: SB368.