Worker retraining tax credit; manufacturing instruction for students. (HB129)

Introduced By

Del. David Yancey (R-Newport News) with support from co-patron Del. Kathy Tran (D-Springfield)

Progress

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

Description

Worker retraining tax credit; manufacturing instruction for students. Modifies the worker retraining tax credit by allowing credit to manufacturers conducting a manufacturing orientation, instruction, and training program that is (i) provided to students in grades six through 12, (ii) coordinated with the local school division and certified as qualified for tax credit by the Virginia Economic Partnership Development Authority, and (iii) conducted either at a plant or facility used by the manufacturer or at a public middle or high school in Virginia. The credit would equal 35 percent of the manufacturer's direct costs in providing the program, not to exceed $2,000 for any year. The bill provides that the Department of Taxation (the Department) shall not issue more than $1 million in tax credits per year. Under current law, the Department is authorized to issue up to $2.5 million in credits each year. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
12/19/2017Committee
12/19/2017Prefiled and ordered printed; offered 01/10/18 18102417D
12/19/2017Referred to Committee on Finance
01/16/2018Assigned Finance sub: Subcommittee #2
01/16/2018Impact statement from TAX (HB129)
02/05/2018Subcommittee recommends reporting with amendment (8-Y 0-N)
02/07/2018Reported from Finance with amendments (22-Y 0-N) (see vote tally)
02/09/2018Read first time
02/12/2018Read second time
02/12/2018Committee amendments agreed to
02/12/2018Engrossed by House as amended HB129E
02/12/2018Printed as engrossed 18102417D-E
02/13/2018Read third time and passed House BLOCK VOTE (100-Y 0-N)
02/13/2018VOTE: BLOCK VOTE PASSAGE (100-Y 0-N) (see vote tally)
02/14/2018Constitutional reading dispensed
02/14/2018Referred to Committee on Finance
02/19/2018Impact statement from TAX (HB129E)
02/27/2018Reported from Finance with amendment (16-Y 0-N) (see vote tally)
02/28/2018Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/28/2018Read third time
02/28/2018Reading of amendment waived
02/28/2018Committee amendment agreed to
02/28/2018Engrossed by Senate as amended
02/28/2018Passed Senate with amendment (40-Y 0-N) (see vote tally)
02/28/2018Senate amendment rejected by House (0-Y 95-N)
02/28/2018VOTE: REJECTED (0-Y 95-N) (see vote tally)
02/28/2018Senate insisted on amendment (40-Y 0-N) (see vote tally)
02/28/2018Senate requested conference committee
02/28/2018Placed on Calendar
02/28/2018House acceded to request
02/28/2018Conferees appointed by Senate
02/28/2018Senators: Norment, Hanger, Saslaw
02/28/2018Conferees appointed by House
02/28/2018Delegates: Yancey, Byron, James
03/10/2018C Amended by conference committee
03/10/2018Conference report agreed to by Senate (40-Y 0-N) (see vote tally)
03/10/2018Conference report agreed to by House (97-Y 0-N)
03/10/2018VOTE: ADOPTION (97-Y 0-N) (see vote tally)
03/20/2018Enrolled
03/20/2018Bill text as passed House and Senate (HB129ER)
03/20/2018Signed by Speaker
03/21/2018Impact statement from TAX (HB129ER)
03/22/2018Signed by President
03/26/2018Enrolled Bill communicated to Governor on March 26, 2018
03/26/2018G Governor's Action Deadline Midnight, April 9, 2018
03/29/2018G Approved by Governor-Chapter 500 (effective 7/1/18)
03/29/2018G Acts of Assembly Chapter text (CHAP0500)

Video

This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 2 clips in all, totaling 2 minutes.

Transcript

This is a transcript of the video clips in which this bill is discussed.

Manufacturing structures for students. the senate recommended that they lift their embargo language on the enactment clause and that they have agreed to engross the bill and pass the house. I move we accept the conference report. >> shall the conference report be adopted? Clerk will close the roll. >> ayes, 97. Noes 0. >> ayes 97, noes 0. The conference report is adopted. >> metal detector, turning