Research and development expenses tax credit; eliminates reporting requirement. (HB590)

Introduced By

Del. Charles Poindexter (R-Glade Hill)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Research and development expenses tax credit; reporting requirement. Eliminates the requirement that the Virginia Economic Development Partnership include in its Annual Report on Business Incentives information regarding the number of applicants and tax credits approved for the research and development expenses tax credit. Read the Bill »


Bill Has Passed


01/11/2016Prefiled and ordered printed; offered 01/13/16 16100810D
01/11/2016Referred to Committee on Finance
01/13/2016Impact statement from DPB (HB590)
02/01/2016Reported from Finance with substitute (16-Y 5-N) (see vote tally)
02/01/2016Committee substitute printed 16104613D-H1
02/02/2016Read first time
02/03/2016Read second time
02/03/2016Committee substitute agreed to 16104613D-H1
02/03/2016Engrossed by House - committee substitute HB590H1
02/04/2016Read third time and passed House (88-Y 9-N)
02/04/2016VOTE: PASSAGE (88-Y 9-N) (see vote tally)
02/05/2016Constitutional reading dispensed
02/05/2016Referred to Committee on Finance
02/24/2016Reported from Finance (14-Y 0-N) (see vote tally)
02/25/2016Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/26/2016Read third time
02/26/2016Passed Senate (39-Y 0-N) (see vote tally)
03/01/2016Bill text as passed House and Senate (HB590ER)
03/01/2016Signed by Speaker
03/04/2016Signed by President
03/07/2016G Governor's Action Deadline Midnight, Monday, April 11, 2016
03/07/2016Enrolled Bill communicated to Governor on 3/7/2016
03/07/2016G Governor's Action Deadline Midnight, Sunday, April 10, 2016
03/11/2016G Approved by Governor-Chapter 433 (effective 7/1/16)
03/11/2016G Acts of Assembly Chapter text (CHAP0433)
03/11/2016G Acts of Assembly Chapter text reprinted (CHAP0433)