Commonwealth's tax system; conformity with the Internal Revenue Code. (HB1413)

Introduced By

Del. Vivian Watts (D-Annandale)

Progress

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

Description

Conformity to Internal Revenue Code. Advances the date by which Virginia conforms to the Internal Revenue Code from December 31, 2018, to December 31, 2019. However, the bill deconforms from a provision of federal law that temporarily reduces the medical expense deduction floor from 10 percent to 7.5 percent. The bill includes an emergency clause and applies to taxable years beginning on and after January 1, 2018. This bill is identical to SB 582. Read the Bill »

Outcome

Bill Has Passed

History

DateAction
01/08/2020Committee
01/08/2020Prefiled and ordered printed with emergency clause; offered 01/08/20 20102782D
01/08/2020Referred to Committee on Finance
01/13/2020Impact statement from TAX (HB1413)
01/22/2020House committee, floor amendments and substitutes offered
01/22/2020Reported from Finance with substitute (20-Y 2-N) (see vote tally)
01/22/2020Committee substitute printed 20106222D-H1
01/24/2020Read first time
01/27/2020Read second time
01/27/2020Committee substitute agreed to 20106222D-H1
01/27/2020Engrossed by House - committee substitute HB1413H1
01/28/2020Read third time and passed House (95-Y 0-N)
01/28/2020VOTE: Passage Emergency (95-Y 0-N) (see vote tally)
01/29/2020Constitutional reading dispensed
01/29/2020Referred to Committee on Finance and Appropriations
02/11/2020Impact statement from TAX (HB1413H1)
02/18/2020Reported from Finance and Appropriations (11-Y 0-N) (see vote tally)
02/19/2020Constitutional reading dispensed (39-Y 0-N) (see vote tally)
02/20/2020Read third time
02/20/2020Passed Senate (40-Y 0-N) (see vote tally)
02/25/2020Enrolled
02/25/2020Bill text as passed House and Senate (HB1413ER)
02/25/2020Impact statement from TAX (HB1413ER)
02/25/2020Signed by Speaker
02/26/2020Signed by President
03/03/2020G Governor's Action Deadline 11:59 p.m., April 6, 2020
03/03/2020Enrolled Bill communicated to Governor on March 3, 2020
03/03/2020G Governor's Action Deadline 11:59 p.m., March 10, 2020
03/10/2020G Approved by Governor-Chapter 255 (effective 3/10/20)
03/10/2020G Acts of Assembly Chapter text (CHAP0255)

Duplicate Bills

The following bills are identical to this one: SB582.