Historic rehabilitation tax credit; certain income under federal law is not income for State tax. (SB444)

Introduced By

Sen. Jill Holtzman Vogel (R-Winchester)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Historic rehabilitation tax credit.  Provides that any gain or income under federal law relating to the allocation or application of a historic rehabilitation tax credit would not be gain or income for Virginia tax purposes. The bill's provisions are declaratory of existing law. Read the Bill »


Bill Has Passed


01/11/2012Prefiled and ordered printed; offered 01/11/12
01/11/2012Prefiled and ordered printed; offered 01/11/12 12103665D
01/11/2012Referred to Committee on Finance
01/20/2012Impact statement from TAX (SB444)
02/08/2012Reported from Finance with amendments (15-Y 0-N) (see vote tally)
02/09/2012Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/10/2012Read second time
02/10/2012Reading of amendments waived
02/10/2012Committee amendments agreed to
02/10/2012Engrossed by Senate as amended SB444E
02/10/2012Printed as engrossed 12103665D-E
02/13/2012Read third time and passed Senate (40-Y 0-N) (see vote tally)
02/15/2012Placed on Calendar
02/15/2012Read first time
02/15/2012Referred to Committee on Finance
02/16/2012Assigned Finance sub: #3
02/16/2012Impact statement from TAX (SB444E)
02/17/2012Subcommittee recommends reporting (5-Y 0-N)
02/20/2012Reported from Finance (21-Y 0-N) (see vote tally)
02/21/2012Read second time
02/22/2012Read third time
02/22/2012Passed House (98-Y 0-N 1-A)
02/22/2012VOTE: PASSAGE (98-Y 0-N 1-A) (see vote tally)
02/27/2012Bill text as passed Senate and House (SB444ER)
02/27/2012Impact statement from TAX (SB444ER)
02/27/2012Signed by Speaker
02/28/2012Signed by President
04/05/2012G Approved by Governor-Chapter 639 (effective 7/1/12)
04/05/2012G Acts of Assembly Chapter text (CHAP0639)

Duplicate Bills

The following bills are identical to this one: HB531.