Income tax, state; subtraction for gain from taking by eminent domain. (SB1256)

Introduced By

Progress

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

Description

Virginia taxable income; subtraction for gain from taking by eminent domain. Creates an income tax subtraction for gain recognized by a taxpayer from a taking of real property by condemnation proceedings. Amends § 58.1-402, of the Code of Virginia. Read the Bill »

Outcome

Bill Has Passed

History

Date	Action
01/05/2019	Prefiled and ordered printed; offered 01/09/19 19103023D
01/05/2019	Referred to Committee on Finance
01/19/2019	Impact statement from TAX (SB1256)
01/24/2019	Reported from Finance (12-Y 0-N) (see vote tally)
01/28/2019	Constitutional reading dispensed (37-Y 0-N) (see vote tally)
01/29/2019	Read second time and engrossed
01/30/2019	Read third time and passed Senate (40-Y 0-N) (see vote tally)
02/04/2019	Placed on Calendar
02/04/2019	Read first time
02/04/2019	Referred to Committee on Finance
02/11/2019	Reported from Finance (21-Y 0-N) (see vote tally)
02/12/2019	Read second time
02/13/2019	House committee, floor amendments and substitutes offered
02/13/2019	Read third time
02/13/2019	Amendments by Delegate Levine rejected
02/13/2019	Passed House (96-Y 1-N)
02/13/2019	VOTE: PASSAGE (96-Y 1-N) (see vote tally)
02/18/2019	Enrolled
02/18/2019	Bill text as passed Senate and House (SB1256ER)
02/18/2019	Signed by Speaker
02/19/2019	Signed by President
02/20/2019	G Governor's Action Deadline Midnight, March 25, 2019
02/20/2019	Impact statement from TAX (SB1256ER)
02/20/2019	Enrolled Bill Communicated to Governor on February 20, 2019
02/20/2019	G Governor's Action Deadline Midnight, March 26, 2019
03/08/2019	G Approved by Governor-Chapter 270 (effective 7/1/19)
03/08/2019	G Acts of Assembly Chapter text (CHAP0270)