Tax information; disclosure by Department of Taxation. (HB121)

Introduced By

Del. David Toscano (D-Charlottesville) with support from co-patron Del. Marcus Simon (D-Falls Church)

Progress

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

Description

Disclosure of certain tax information. Requires the Department of Taxation to disclose the total aggregate amount of an income tax deduction or credit taken by all taxpayers, regardless of how few the number of taxpayers, upon request by the General Assembly or any duly constituted committee of the General Assembly. Under current practice the Department of Taxation does not disclose such information if fewer than four taxpayers took the deduction or credit. Amends § 58.1-3, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
12/18/2013Committee
12/18/2013Prefiled and ordered printed; offered 01/08/14 14102457D
12/18/2013Referred to Committee on Finance
01/13/2014Assigned Finance sub: Subcommittee #1
01/14/2014Impact statement from TAX (HB121)
01/15/2014Subcommittee recommends reporting (10-Y 1-N)
01/20/2014Reported from Finance (14-Y 7-N) (see vote tally)
01/21/2014Read first time
01/22/2014Read second time and engrossed
01/23/2014Read third time and passed House (85-Y 12-N)
01/23/2014VOTE: PASSAGE (85-Y 12-N) (see vote tally)
01/24/2014Constitutional reading dispensed
01/24/2014Referred to Committee on Finance
02/07/2014Impact statement from TAX (HB121)
02/18/2014Reported from Finance (14-Y 0-N) (see vote tally)
02/19/2014Constitutional reading dispensed (40-Y 0-N)
02/20/2014Read third time
02/20/2014Passed Senate (40-Y 0-N)
02/24/2014Enrolled
02/24/2014Bill text as passed House and Senate (HB121ER)
02/24/2014Signed by Speaker
02/26/2014Signed by President
03/05/2014Impact statement from TAX (HB121ER)
03/07/2014G Approved by Governor-Chapter 195 (effective 7/1/14)
03/07/2014G Acts of Assembly Chapter text (CHAP0195)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 1 minute.