Neighborhood Assistance Act Tax Credit; allocation to certain organizations. (HB1433)
Introduced By
Del. Peter Farrell (R-Henrico)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
✓ |
Became Law |
Description
Neighborhood Assistance Act Tax Credit. Modifies the requirement that at least 10 percent of all available tax credits be allocated to organizations that have not previously received tax credits by providing that the allocation for such organizations is required only if the General Assembly increases the amount of available credits year over year. The bill requires that the allocation be at least 10 percent of credits created by the increase rather than 10 percent of all available credits. Current law limits credits to $9 million for education proposals approved by the Superintendent of Public Instruction and $8 million for proposals approved by the Commissioner of Social Services. Read the Bill »
Outcome
History
Date | Action |
---|---|
11/16/2016 | Committee |
11/16/2016 | Prefiled and ordered printed; offered 01/11/17 17100793D |
11/16/2016 | Referred to Committee on Finance |
01/11/2017 | Assigned Finance sub: Subcommittee #2 |
01/15/2017 | Impact statement from TAX (HB1433) |
01/18/2017 | Subcommittee recommends reporting (10-Y 0-N) |
01/23/2017 | Reported from Finance (20-Y 2-N) (see vote tally) |
01/24/2017 | Read first time |
01/25/2017 | Read second time and engrossed |
01/26/2017 | Read third time and passed House (91-Y 8-N) |
01/26/2017 | VOTE: PASSAGE (91-Y 8-N) (see vote tally) |
01/27/2017 | Constitutional reading dispensed |
01/27/2017 | Referred to Committee on Finance |
02/03/2017 | Impact statement from TAX (HB1433) |
02/07/2017 | Reported from Finance (15-Y 0-N) (see vote tally) |
02/08/2017 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
02/09/2017 | Read third time |
02/09/2017 | Passed Senate (40-Y 0-N) (see vote tally) |
02/13/2017 | Enrolled |
02/13/2017 | Bill text as passed House and Senate (HB1433ER) |
02/13/2017 | Impact statement from TAX (HB1433ER) |
02/13/2017 | Signed by Speaker |
02/13/2017 | Signed by President |
02/14/2017 | Enrolled Bill communicated to Governor on 2/14/17 |
02/14/2017 | G Governor's Action Deadline Midnight, February 21, 2017 |
02/17/2017 | Governor's recommendation received by House |
02/22/2017 | Placed on Calendar |
02/22/2017 | House concurred in Governor's recommendation (100-Y 0-N) |
02/22/2017 | VOTE: ADOPTION EMERGENCY (100-Y 0-N) (see vote tally) |
02/23/2017 | Assigned Chapter 147 (effective 2/23/17) |
02/23/2017 | Enacted, Chapter 147 (effective 7/1/16) |
02/23/2017 | Senate concurred in Governor's recommendation (39-Y 0-N) (see vote tally) |
02/23/2017 | G Emergency clause added by Governor's recommendation |
02/23/2017 | G Governor's recommendation adopted |
02/23/2017 | Reenrolled |
02/23/2017 | Reenrolled bill text (HB1433ER2) |
02/23/2017 | Signed by Speaker as reenrolled |
02/23/2017 | Signed by President as reenrolled |
02/23/2017 | Enacted, Chapter 147 (effective 2/23/17) |
02/23/2017 | G Acts of Assembly Chapter text (CHAP0147) |
Video
This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 3 clips in all, totaling 2 minutes.
Transcript
This is a transcript of the video clips in which this bill is discussed.
Del. Bill Howell (R-Fredericksburg): SHALL THE BILLS BE ENGROSSED AND PASSED TO THE THIRD READING? AS MANY AS FAVOR THAT MOTION WILL SAY AYE. THOSE OPPOSED, NO. THE BILLS ARE ENGROSSED AND PASSED TO THE THIRD READING.
[Unknown]: CONTINUING WITH TODAY'S CALENDAR, NEXT CATEGORY, HOUSE BILLS ON SECOND READING, REGULAR, PAGE 29 OF PRINTED CALENDAR, HOUSE BILL 1628 HAS BEEN TAKEN BY UNTIL NEXT WEEK. HOUSE BILL 1440 ON PAGE 30 OF THE PRINTED CALENDAR HAS ALREADY BEEN TAKEN BY FOR TODAY. SO FIRST UP IS HOUSE BILL 1466, A BILL TO AMEND AND REENACT A SECTION OF THE CODE RELATING TO