Historic rehabilitation; limit on tax credit that may be claimed. (HB2705)

Introduced By

Del. Rob Bloxom (R-Accomack)

Progress

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

Description

Historic rehabilitation tax credit. Provides that the $5 million per year limit on the amount of historic rehabilitation tax credit that may be claimed by each taxpayer, which currently expires on January 1, 2019, shall apply to all future taxable years. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/15/2019Presented and ordered printed 19104391D
01/15/2019Referred to Committee on Finance
01/19/2019Impact statement from TAX (HB2705)
01/21/2019Reported from Finance (20-Y 2-N) (see vote tally)
01/23/2019Read first time
01/24/2019Read second time and engrossed
01/25/2019Read third time and passed House (94-Y 2-N 1-A)
01/25/2019VOTE: PASSAGE (94-Y 2-N 1-A) (see vote tally)
01/28/2019Constitutional reading dispensed
01/28/2019Referred to Committee on Finance
02/05/2019Reported from Finance (12-Y 0-N) (see vote tally)
02/06/2019Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/07/2019Read third time
02/07/2019Passed Senate (25-Y 15-N) (see vote tally)
02/11/2019Enrolled
02/11/2019Bill text as passed House and Senate (HB2705ER)
02/11/2019Signed by Speaker
02/11/2019Signed by President
02/12/2019G Governor's Action Deadline Midnight, February 18, 2019
02/12/2019Enrolled Bill communicated to Governor on February 12, 2019
02/12/2019G Governor's Action Deadline Midnight, February 19, 2019
02/15/2019Impact statement from TAX (HB2705ER)
02/15/2019G Approved by Governor-Chapter 25 (effective 7/1/19)
02/15/2019G Acts of Assembly Chapter text (CHAP0025)

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