Tax credits related to education; aggregate cap. (SB579)
Introduced By
Sen. Bill DeSteph (R-Virginia Beach)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
✓ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Tax credits related to education; aggregate cap. Allocates 20 percent of any unissued credits in a fiscal year under the Education Improvement Scholarships tax credit program to the Superintendent of Public Instruction to be allocated to education programs under the Neighborhood Assistance Act (§ 58.1-439.18 et seq.) tax credit program during the next fiscal year. The 20 percent of unissued credits would be added to the current $9 million cap for education programs under the Neighborhood Assistance Act tax credit program. The provisions of the bill are contingent on funding in a general appropriation act. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/09/2018 | Prefiled and ordered printed; offered 01/10/18 18103115D |
01/09/2018 | Referred to Committee on Finance |
01/20/2018 | Impact statement from TAX (SB579) |
01/30/2018 | Reported from Finance with amendment (15-Y 0-N) (see vote tally) |
01/31/2018 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
02/01/2018 | Read second time |
02/01/2018 | Reading of amendment waived |
02/01/2018 | Committee amendment agreed to |
02/01/2018 | Engrossed by Senate as amended SB579E |
02/01/2018 | Printed as engrossed 18103115D-E |
02/02/2018 | Passed by temporarily |
02/02/2018 | Read third time and passed Senate (20-Y 18-N) (see vote tally) |
02/08/2018 | Placed on Calendar |
02/08/2018 | Read first time |
02/08/2018 | Referred to Committee on Appropriations |
02/13/2018 | Impact statement from TAX (SB579E) |
03/06/2018 | Left in Appropriations |