Virginia port volume; increase tax credit to certain entities, clarifies definitions. (HB1824)

Introduced By

Del. Bob Purkey (R-Virginia Beach) with support from co-patrons Del. Terry Kilgore (R-Gate City), Del. Will Morefield (R-North Tazewell), and Del. Israel O'Quinn (R-Bristol)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Virginia port volume increase tax credit. Extends the tax credit beginning in 2013 to (i) growers or distributors of wheat, grains, fruits, nuts, crops, or plants and (ii) persons severing minerals or gases from the earth or distributors of the same.

Under current law, manufacturers and distributors of manufactured goods that ship at least 75 net tons of noncontainerized cargo or 10 loaded 20-foot equivalent units (TEUs) through Virginia port facilities during a calendar year are eligible for an income tax credit if their volume of shipments through such facilities increases by at least five percent over a designated base year volume. The tax credit equals $50 for each TEU above the base year volume shipped through a Virginia port facility. This bill would extend the tax credit to (i) growers or distributors of wheat, grains, fruits, nuts, crops, or plants and (ii) persons severing minerals or gases from the earth or distributors of the same. Read the Bill »


Bill Has Passed


01/08/2013Prefiled and ordered printed; offered 01/09/13 13102485D
01/08/2013Referred to Committee on Finance
01/14/2013Impact statement from TAX (HB1824)
01/14/2013Assigned Finance sub: #3
01/18/2013Subcommittee recommends reporting with amendment(s) (4-Y 1-N)
01/21/2013Reported from Finance with amendments (17-Y 3-N) (see vote tally)
01/22/2013Read first time
01/23/2013Passed by for the day
01/24/2013Read second time
01/24/2013Committee amendments agreed to
01/24/2013Engrossed by House as amended HB1824E
01/24/2013Printed as engrossed 13102485D-E
01/25/2013Read third time and passed House (91-Y 7-N)
01/25/2013VOTE: PASSAGE (91-Y 7-N) (see vote tally)
01/28/2013Constitutional reading dispensed
01/28/2013Referred to Committee on Finance
02/05/2013Impact statement from TAX (HB1824E)
02/12/2013Reported from Finance with amendment (15-Y 0-N) (see vote tally)
02/13/2013Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/14/2013Read third time
02/14/2013Reading of amendment waived
02/14/2013Committee amendment agreed to
02/14/2013Passed by for the day
02/15/2013Read third time
02/15/2013Passed by for the day
02/18/2013Reading of amendment waived
02/18/2013Committee amendment agreed to
02/18/2013Read third time
02/18/2013Engrossed by Senate as amended
02/18/2013Passed Senate with amendment (40-Y 0-N) (see vote tally)
02/19/2013Placed on Calendar
02/19/2013Passed by for the day
02/20/2013Passed by for the day
02/21/2013Senate amendment rejected by House (3-Y 95-N)
02/21/2013VOTE: REJECTED (3-Y 95-N) (see vote tally)
02/21/2013Senate insisted on amendment (38-Y 0-N) (see vote tally)
02/21/2013Senate requested conference committee
02/21/2013House acceded to request
02/21/2013Conferees appointed by Senate
02/21/2013Senators: Wagner, Lucas, Watkins
02/21/2013Conferees appointed by House
02/21/2013Delegates: Purkey, Landes, James
02/22/2013Conference substitute printed 13105454D-H1
02/22/2013Conference report agreed to by Senate (39-Y 0-N 1-A) (see vote tally)
02/22/2013Conference report agreed to by House (85-Y 12-N)
02/22/2013VOTE: ADOPTION (85-Y 12-N) (see vote tally)
03/04/2013Bill text as passed House and Senate (HB1824ER)
03/04/2013Signed by President
03/05/2013Signed by Speaker
03/06/2013Impact statement from TAX (HB1824ER)
03/25/2013Governor's recommendation received by House
04/02/2013Placed on Calendar
04/03/2013G Approved by Governor-Chapter 744 (effective 1/1/13)
04/03/2013House concurred in Governor's recommendation (78-Y 13-N)
04/03/2013VOTE: ADOPTION (78-Y 13-N) (see vote tally)
04/03/2013Senate concurred in Governor's recommendation (40-Y 0-N) (see vote tally)
04/03/2013G Governor's recommendation adopted
04/03/2013Reenrolled bill text (HB1824ER2)
04/03/2013Signed by Speaker as reenrolled
04/03/2013Signed by President as reenrolled
04/03/2013Enacted, Chapter 744 (effective 1/1/13)
04/03/2013G Acts of Assembly Chapter text (CHAP0744)


This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 4 clips in all, totaling 18 minutes.