Virginia taxable income of residents; reorganization of additions, subtractions, and deductions. (SB912)

Introduced By

Sen. John Edwards (D-Roanoke)

Progress

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

Description

Virginia taxable income of residents; reorganization of additions, subtractions, and deductions. Reorganizes the provisions of the Code of Virginia related to the calculation of Virginia taxable income of residents. Current law sets out the additions, subtractions, deductions, and other modifications in one lengthy section. The reorganization creates four new, smaller sections for additions, subtractions, deductions, and other modifications, respectively, but does not make any substantive changes to the calculation of Virginia taxable income. The bill contains numerous technical amendments. The bill is a recommendation of the Virginia Code Commission. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
12/27/2016Prefiled and ordered printed; offered 01/11/17 17100122D
12/27/2016Referred to Committee on Finance
01/15/2017Impact statement from TAX (SB912)
01/18/2017Reported from Finance (14-Y 0-N) (see vote tally)
01/19/2017Constitutional reading dispensed (40-Y 0-N) (see vote tally)
01/20/2017Passed by for the day
01/23/2017Read second time and engrossed
01/24/2017Read third time and passed Senate (39-Y 0-N) (see vote tally)
01/31/2017Placed on Calendar
01/31/2017Read first time
01/31/2017Referred to Committee on Finance
02/03/2017Impact statement from TAX (SB912)
02/03/2017Assigned Finance sub: Subcommittee #2
02/06/2017Impact statement from TAX (SB912)
02/08/2017Subcommittee recommends reporting (10-Y 0-N)
02/13/2017Reported from Finance (22-Y 0-N) (see vote tally)
02/14/2017Read second time
02/15/2017Read third time
02/15/2017Passed House BLOCK VOTE (99-Y 0-N)
02/15/2017VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally)
02/17/2017Enrolled
02/17/2017Bill text as passed Senate and House (SB912ER)
02/17/2017Signed by Speaker
02/20/2017Impact statement from TAX (SB912ER)
02/20/2017Signed by President
02/21/2017Enrolled Bill Communicated to Governor on 2/21/17
02/21/2017G Governor's Action Deadline Midnight, March 27, 2017
03/13/2017G Approved by Governor-Chapter 444 (effective 7/1/17)
03/13/2017G Acts of Assembly Chapter text (CHAP0444)