Neighborhood assistance tax credits; increases percentage of persons served by organization. (HB737)
Introduced By
Del. John O'Bannon (R-Richmond)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Neighborhood Assistance tax credits; percentage increase. Increases the percentage of persons served by a neighborhood organization and who are low-income, as defined in 58.1-439.18, from 40% to 50%, for purposes of applying to the Department of Social Services for an allocation of neighborhood assistance tax credits for use by business firms making donations to the neighborhood organization. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/07/2014 | Committee |
01/07/2014 | Prefiled and ordered printed; offered 01/08/14 14103124D |
01/07/2014 | Referred to Committee on Finance |
01/13/2014 | Assigned Finance sub: Subcommittee #2 |
01/14/2014 | Impact statement from TAX (HB737) |
01/15/2014 | Subcommittee recommends reporting (10-Y 0-N) |
01/20/2014 | Reported from Finance (21-Y 0-N) (see vote tally) |
01/21/2014 | Read first time |
01/22/2014 | Read second time and engrossed |
01/23/2014 | Read third time and passed House BLOCK VOTE (97-Y 0-N) |
01/23/2014 | VOTE: BLOCK VOTE PASSAGE (97-Y 0-N) (see vote tally) |
01/24/2014 | Constitutional reading dispensed |
01/24/2014 | Referred to Committee on Finance |
02/07/2014 | Impact statement from TAX (HB737) |
02/19/2014 | Reported from Finance (16-Y 0-N) (see vote tally) |
02/20/2014 | Constitutional reading dispensed (40-Y 0-N) |
02/21/2014 | Read third time |
02/21/2014 | Passed Senate (40-Y 0-N) |
02/25/2014 | Enrolled |
02/25/2014 | Bill text as passed House and Senate (HB737ER) |
02/25/2014 | Signed by Speaker |
02/27/2014 | Signed by President |
03/06/2014 | Impact statement from TAX (HB737ER) |
03/31/2014 | G Approved by Governor-Chapter 416 (effective 7/1/14) |
03/31/2014 | G Acts of Assembly Chapter text (CHAP0416) |
Comments
VHC supports this bill that increases the percentage of low-income Virginians served by NAP credits.