Small businesses; waiver of tax penalties. (SB793)
Introduced By
Sen. Glen Sturtevant (R-Midlothian) with support from co-patron Sen. Amanda Chase (R-Midlothian)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Waiver of tax penalties for small businesses. Waives any penalties related to taxes administered by the Department of Taxation for a small business during its first two years of operation as long as the business enters into an installment agreement with the Tax Commissioner for the payment of taxes. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
09/19/2016 | Prefiled and ordered printed; offered 01/11/17 17100189D |
09/19/2016 | Referred to Committee on Finance |
01/17/2017 | Impact statement from TAX (SB793) |
01/24/2017 | Reported from Finance (15-Y 1-N) (see vote tally) |
01/25/2017 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
01/26/2017 | Read second time and engrossed |
01/27/2017 | Read third time and passed Senate (38-Y 0-N) (see vote tally) |
01/31/2017 | Placed on Calendar |
01/31/2017 | Read first time |
01/31/2017 | Referred to Committee on Finance |
02/03/2017 | Assigned Finance sub: Subcommittee #2 |
02/03/2017 | Impact statement from TAX (SB793) |
02/08/2017 | Subcommittee recommends reporting (10-Y 0-N) |
02/13/2017 | Reported from Finance (19-Y 3-N) (see vote tally) |
02/14/2017 | Read second time |
02/15/2017 | Read third time |
02/15/2017 | Amendment by Delegate Massie agreed to |
02/15/2017 | Engrossed by House as amended |
02/15/2017 | Passed House with amendment (94-Y 5-N) |
02/15/2017 | VOTE: PASSAGE (94-Y 5-N) (see vote tally) |
02/15/2017 | House amendment rejected by Senate (0-Y 38-N) (see vote tally) |
02/15/2017 | House insisted on amendment |
02/15/2017 | House requested conference committee |
02/15/2017 | Senate acceded to request (33-Y 2-N) (see vote tally) |
02/15/2017 | Conferees appointed by Senate |
02/15/2017 | Senators: Sturtevant, Obenshain, Barker |
02/15/2017 | Conferees appointed by House |
02/15/2017 | Delegates: Cline, Massie, Kory |
02/23/2017 | C Amended by conference committee |
02/23/2017 | Conference report agreed to by Senate (40-Y 0-N) (see vote tally) |
02/23/2017 | Conference report agreed to by House (96-Y 3-N) |
02/23/2017 | VOTE: ADOPTION (96-Y 3-N) (see vote tally) |
03/07/2017 | Enrolled |
03/07/2017 | Bill text as passed Senate and House (SB793ER) |
03/07/2017 | Signed by Speaker |
03/10/2017 | Bill text as passed Senate and House reprinted (SB793ER) |
03/10/2017 | Signed by President |
03/13/2017 | Enrolled Bill Communicated to Governor on 3/13/17 |
03/13/2017 | G Governor's Action Deadline Midnight, March 27, 2017 |
03/24/2017 | G Approved by Governor-Chapter 718 (effective 7/1/17) |
03/24/2017 | G Acts of Assembly Chapter text (CHAP0718) |
05/03/2017 | Impact statement from TAX (SB793ER) |
Video
This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 4 clips in all, totaling 11 minutes.
Transcript
This is a transcript of the video clips in which this bill is discussed.
Sen. Dick Saslaw (D-Springfield): OVERSEAS, OF ANYBODY SMOKING POT. OKAY? BEER AND BRAWLS, EVERY WEEKEND. HECK, I TOLD PEOPLE I WAS ON A FIRST NAME BASIS WITH THE POLICE AND THE MP'S, BUT LET ME TELL YOU, THEY WEREN'T SMOKING POT. BUT MORE TO THE POINT, THIS IS NOT A -- WHAT THE SENATOR FROM FAUQUIER COUNTY HAS INTRODUCED IS NOT SOMETHING THAT CAN BE
[Unknown]: THE SENATE WILL COME TO ORDER. THE SENATORS WILL PLEASE TAKE THEIR SEATS. THOSE PERSONS NOT ENTITLED TO THE PRIVILEGES OF THE FLOOR WILL KINDLY RETIRE TO THE GALLERY. THE SENATORS AND ALL IN
Del. Jimmie Massie (R-Richmond): bill and the conference report actually says the same thing except that they do not have to waive the 3589s in penalties in the case where the small business misappropriated withholding taxes they May but they shall not have to. That is the conference report, Mr. Speaker and I move adoption of the conference report.
[Unknown]: will thia yield for a yes.
Del. Jimmie Massie (R-Richmond): will the gentleman yield?
[Unknown]: I yield. thank you, Mr. Speakier, was there a comparable bill that came out of the house that was your bill? no, sir. will the gentleman yield for another question. will the gentleman yield for another question? I yield. the gentleman yields. there is no other bill that looks like in this terms of waiving tax penalties we have seen so far this year is that right so far as you can remember? yes. to the best of my knowledge, okay, thank you.
Del. Bill Howell (R-Fredericksburg): shall the conference report be accepted? The clerk will close the roll.
[Unknown]: ayes 6, nos 3. ayes 96, nos 3. continuing senate bills joint resolutions in conference. Conference report received for senate bill 1180 a bill to amend sections of the code related to the board of den tristy and medicine regulations for the prescribing of opioids. -on-emergency on the report.
Del. Bill Howell (R-Fredericksburg): the gentleman from
[Unknown]: Members, please take your seats.