Income tax subtraction; long-term capital gain from qualified investments. (SB904)
Introduced By
Sen. Ryan McDougle (R-Mechanicsville)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Income tax subtraction; long-term capital gain from qualified investments. Authorizes qualified investments to be made through June 30, 2017, in order to be eligible for the long-term capital gains income tax subtraction. Under current laws, qualified investments may be made through June 30, 2015. Amends § 58.1-322, § 58.1-402, of the Code of Virginia. Read the Bill »
Outcome
Bill Has Passed
History
| Date | Action |
|---|---|
| 01/07/2015 | Prefiled and ordered printed; offered 01/14/15 15101865D |
| 01/07/2015 | Referred to Committee on Finance |
| 01/18/2015 | Impact statement from TAX (SB904) |
| 01/27/2015 | Reported from Finance with amendments (15-Y 0-N) (see vote tally) |
| 01/28/2015 | Constitutional reading dispensed (38-Y 0-N) (see vote tally) |
| 01/29/2015 | Read second time |
| 01/29/2015 | Reading of amendments waived |
| 01/29/2015 | Committee amendments agreed to |
| 01/29/2015 | Engrossed by Senate as amended SB904E |
| 01/29/2015 | Printed as engrossed 15101865D-E |
| 01/29/2015 | Engrossed bill reprinted 15101865D-E |
| 01/30/2015 | Read third time and passed Senate (38-Y 0-N) (see vote tally) |
| 02/06/2015 | Placed on Calendar |
| 02/06/2015 | Read first time |
| 02/06/2015 | Referred to Committee on Finance |
| 02/10/2015 | Impact statement from TAX (SB904E) |
| 02/11/2015 | Reported from Finance (21-Y 0-N) (see vote tally) |
| 02/12/2015 | Read second time |
| 02/13/2015 | Read third time |
| 02/13/2015 | Passed House BLOCK VOTE (97-Y 0-N) |
| 02/13/2015 | VOTE: BLOCK VOTE PASSAGE (97-Y 0-N) (see vote tally) |
| 02/17/2015 | Enrolled |
| 02/17/2015 | Bill text as passed Senate and House (SB904ER) |
| 02/17/2015 | Signed by Speaker |
| 02/19/2015 | Impact statement from TAX (SB904ER) |
| 02/20/2015 | Signed by President |
| 02/23/2015 | G Governor's Action Deadline Midnight, Monday, March 30, 2015 |
| 02/23/2015 | Enrolled Bill Communicated to Governor on 2/23/15 |
| 02/23/2015 | G Governor's Action Deadline Midnight, Sunday, March 29, 2015 |
| 03/19/2015 | G Approved by Governor-Chapter 335 (effective 7/1/15) |
| 03/19/2015 | G Acts of Assembly Chapter text (CHAP0335) |