Domestic international sales corporations (DISC); exempt from income taxation. (SB515)
Introduced By
Sen. Frank Wagner (R-Virginia Beach)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Domestic international sales corporations; income taxation. Exempts a domestic international sales corporation (DISC) and any income attributable to a DISC from income taxes. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/08/2014 | Prefiled and ordered printed; offered 01/08/14 14101569D |
01/08/2014 | Referred to Committee on Finance |
01/19/2014 | Impact statement from TAX (SB515) |
01/20/2014 | Impact statement from TAX (SB515) |
01/21/2014 | Reported from Finance with amendments (15-Y 0-N) (see vote tally) |
01/22/2014 | Constitutional reading dispensed (37-Y 0-N) |
01/23/2014 | Read second time |
01/23/2014 | Reading of amendments waived |
01/23/2014 | Committee amendments agreed to |
01/23/2014 | Engrossed by Senate as amended SB515E |
01/23/2014 | Printed as engrossed 14101569D-E |
01/24/2014 | Read third time and passed Senate (37-Y 0-N) |
01/29/2014 | Impact statement from TAX (SB515E) |
01/31/2014 | Placed on Calendar |
01/31/2014 | Read first time |
01/31/2014 | Referred to Committee on Finance |
02/17/2014 | Reported from Finance (21-Y 0-N) (see vote tally) |
02/18/2014 | Read second time |
02/19/2014 | Read third time |
02/19/2014 | Passed House BLOCK VOTE (99-Y 0-N) |
02/19/2014 | VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally) |
02/21/2014 | Enrolled |
02/21/2014 | Bill text as passed Senate and House (SB515ER) |
02/21/2014 | Signed by Speaker |
02/23/2014 | Signed by President |
03/04/2014 | Impact statement from TAX (SB515ER) |
03/05/2014 | G Approved by Governor-Chapter 186 (effective 7/1/14) |
03/05/2014 | G Acts of Assembly Chapter text (CHAP0186) |