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