Nonprofit organizations; tax credits for donations to those assisting low-income families, etc. (HB1996)
Introduced By
Del. Jimmie Massie (R-Richmond) with support from 20 copatrons, whose average partisan position is:
Those copatrons are Del. Rich Anderson (R-Woodbridge), Del. Dickie Bell (R-Staunton), Del. Kathy Byron (R-Lynchburg), Del. Ben Cline (R-Amherst), Del. Mark Cole (R-Fredericksburg), Del. Kirk Cox (R-Colonial Heights), Del. Scott Garrett (R-Lynchburg), Del. Chris Head (R-Roanoke), Del. Algie Howell (D-Norfolk), Del. Tim Hugo (R-Centreville), Del. Steve Landes (R-Weyers Cave), Del. Bob Marshall (R-Manassas), Del. Jackson Miller (R-Manassas), Del. Bobby Orrock (R-Thornburg), Del. Brenda Pogge (R-Williamsburg), Del. Bob Purkey (R-Virginia Beach), Del. Ron Villanueva (R-Virginia Beach), Del. Lee Ware (R-Powhatan), Del. Mike Watson (R-Williamsburg), Del. Michael Webert (R-Marshall)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Tax credits for donations to nonprofits providing assistance to low-income families. Makes several changes to the Neighborhood Assistance Act Tax Credit and Education Improvement Scholarships Tax Credits program including (i) allowing tax credits for donations of marketable securities under the Education Improvement Scholarships Tax Credits program, (ii) changing reporting requirements to the Department of Education, changing the time frame for scholarship foundations to disburse moneys for scholarships, and changing the penalties for failing to make such reports and disbursements under the Education Improvement Scholarships Tax Credits program, (iii) for both programs, establishing $125,000 as the maximum annual amount of donations by an individual for which tax credits may be issued, and (iv) for both programs, extending the expiration date through the 2027 taxable year. The bill also makes several other technical changes. Read the Bill »
Outcome
History
Date | Action |
---|---|
01/09/2013 | Prefiled and ordered printed; offered 01/09/13 13101180D |
01/09/2013 | Referred to Committee on Finance |
01/14/2013 | Assigned Finance sub: #3 |
01/21/2013 | Impact statement from TAX (HB1996) |
01/25/2013 | Subcommittee recommends reporting with amendment(s) (5-Y 0-N) |
01/30/2013 | Reported from Finance with amendments (15-Y 6-N) (see vote tally) |
02/01/2013 | Read first time |
02/04/2013 | Read second time |
02/04/2013 | Committee amendments agreed to |
02/04/2013 | Amendment by Delegate Surovell rejected (30-Y 68-N) |
02/04/2013 | VOTE: REJECTED (30-Y 68-N) (see vote tally) |
02/04/2013 | Amendments by Delegate Toscano rejected |
02/04/2013 | Engrossed by House as amended HB1996E |
02/04/2013 | Printed as engrossed 13101180D-E |
02/05/2013 | Read third time and passed House (65-Y 35-N) |
02/05/2013 | VOTE: PASSAGE (65-Y 35-N) (see vote tally) |
02/06/2013 | Constitutional reading dispensed |
02/06/2013 | Referred to Committee on Finance |
02/07/2013 | Impact statement from TAX (HB1996E) |
02/12/2013 | Reported from Finance with substitute (9-Y 5-N 1-A) (see vote tally) |
02/12/2013 | Committee substitute printed 13105067D-S1 |
02/13/2013 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
02/13/2013 | Read third time |
02/13/2013 | Reading of substitute waived |
02/13/2013 | Committee substitute agreed to 13105067D-S1 |
02/13/2013 | Defeated by Senate (19-Y 21-N) (see vote tally) |
02/13/2013 | Reconsideration of defeated action agreed to by Senate (38-Y 1-N) (see vote tally) |
02/13/2013 | Engrossed by Senate - committee substitute HB1996S1 |
02/13/2013 | Passed Senate with substitute (20-Y 20-N) (see vote tally) |
02/13/2013 | Chair votes Yes |
02/13/2013 | Placed on Calendar |
02/13/2013 | Senate substitute rejected by House 13105067D-S1 (1-Y 95-N) |
02/13/2013 | VOTE: REJECTED (1-Y 95-N) (see vote tally) |
02/13/2013 | Senate insisted on substitute (36-Y 3-N) (see vote tally) |
02/13/2013 | Senate requested conference committee |
02/13/2013 | House acceded to request |
02/13/2013 | Conferees appointed by House |
02/13/2013 | Delegates: Massie, Greason, Howell, A.T. |
02/13/2013 | Conferees appointed by Senate |
02/13/2013 | Senators: Stanley, McWaters, Carrico |
02/22/2013 | Passed by temporarily |
02/22/2013 | Reconsideration of conference report agreed to by Senate (37-Y 1-N) (see vote tally) |
02/22/2013 | Conference report agreed to by Senate (21-Y 19-N) (see vote tally) |
02/22/2013 | Conference report agreed to by House (62-Y 32-N) |
02/22/2013 | VOTE: ADOPTION (62-Y 32-N) (see vote tally) |
03/04/2013 | Enrolled |
03/04/2013 | Bill text as passed House and Senate (HB1996ER) |
03/04/2013 | Signed by President |
03/05/2013 | Signed by Speaker |
03/08/2013 | Impact statement from TAX (HB1996ER) |
03/25/2013 | G Approved by Governor-Chapter 716 (effective - see bill) |
03/25/2013 | G Acts of Assembly Chapter text (CHAP0716) |