Constitutional amendment; tax credits (first reference). (SJ281)

Introduced By

Sen. Chap Petersen (D-Fairfax) with support from co-patron Sen. Scott Surovell (D-Mount Vernon)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Constitutional amendment (first resolution); tax credits. Provides that no tax credit shall remain in effect longer than five years unless it is reenacted by the General Assembly. Read the Bill »

Status

01/29/2013: passed committee

History

DateAction
01/02/2013Prefiled and ordered printed; offered 01/09/13 13100549D
01/02/2013Referred to Committee on Privileges and Elections
01/29/2013Reported from Privileges and Elections (8-Y 6-N) (see vote tally)
01/31/2013Reading waived (40-Y 0-N) (see vote tally)
02/01/2013Read second time and engrossed
02/04/2013Rejected by Senate (12-Y 27-N 1-A) (see vote tally)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 2 clips in all, totaling 10 minutes.

Comments

Tom Nesbitt writes:

I implore legislators from both parties to stop trying to constitutionalize the Commonwealth's fiscal policy (any more than they already have).